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Gaikai secures an additional $30 million in venture funding

Thursday, 21st July 2011 01:08 GMT By Brenna Hillier

Gaikai, our very favourite cloud-based streaming games advertising platform, has netted another $30 million in funding.

GamesIndustry reports the funding was driven by wireless tech company Qualcomm and venture capital suppliers NEA, with contributions from Benchmark Capital, Rustic Canyon and Intel Capital.

Gaikai CEO Dave Perry has expensive plans for the company.

“Our vision is to manage the Gaikai Global Interactive Network, built from the ground up for the cloud,” he said.

“Telecommunications companies were built to deliver audio & data within geographic boundaries. The next generation networks must be able to additionally deliver instant, real time interactive experiences to a connected global audience, both wired and wireless.”

Perry said Gaikai wants do for games what cloud based services like iTunes did for music, movies and books, and has been quietly working on a global “purpose built” network.

Gaikai recently added Capcom to its growing list of content partners, and has teased further upcoming announcements.

Breaking news

1 Comments

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  1. Len

    Good interview in Edge with him this month where he actually admits he is fully aware of the big isseus with it (lag etc).

    I am being more and more interested…

    #1 3 years ago