Gaikai secures $30 million funding

July 20th, 2011, 23:24 Posted By: wraggster

Cloud-gaming service Gaikai has secured $30 million in a new funding round led by venture capital firm NEA.

Founder David Perry said the investment will be used to accelerate the rollout of the network.

"We have all become used to accessing every song ever made, every book ever written, every movie in every genre through cloud-based services. Gaikai is bringing this same functionality to video games and other interactive software. Over the last few years we have quietly designed and assembled a custom high-speed interactive network, purpose built to realise this vision.

"The Gaikai network enables publishers to deliver a full experience within 30 seconds in any leading web browser, on all operating systems, on all devices, even running inside platforms like Facebook."

Earlier this month, Gaikai signed a deal with Capcom that will see the publisher's games made available on its cloud gaming service in the US.

http://www.computerandvideogames.com...llion-funding/

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