Game streaming company Gaikai has just announced a new $30 million round led by NEA, with Qualcomm, Benchmark Capital, Rustic Canyon and Intel Capital participating in the investment. This brings the company’s total funding to over $40 million.
Gaikai offers a server-based, cloud-gaming technology that streams games, allowing users to play any game inside the web browser. Gaikai’s game streaming service hosts the games, runs them and then streams them to users, allowing them to interact with games wherever they are browsing. Gaikai is also planning to bring this functionality to video games and other interactive software.
The company just landed a pretty big deal with Walmart to stream games for Walmart.com. The company already has a streaming deal in place with Electronic Arts. Gaikai faces competition from OnLive.
Gaikai is a next generation video game streaming platform that utilizes cloud-based gaming technology, allowing users to play major PC and console games instantly, with one click. No download or install required. This technology powers game services including a next-generation video game and software advertising network that drives sales for video game publishers, developers, retailers, and affiliates via online demos of games and software applications. Users are presented with an offer to try the game or app before buying it,...
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