Cloud based video game streaming service Gaikai raises $10 million

Gaikai, a cloud based video game streaming service has raised $10 million from existing investors TriplePoint Capital, Rustic Canyon Partners, Benchmark Capital and an un-named partner have invested. Nate Redmond of Rustic Canyon Partners will join the board.

Gaikai’s cloud based streaming service will allow gamers to experience the latest video games via the Internet at any time, through multiple devices and platforms. It is due to launch in North America in the near future.
“The involvement of TriplePoint Capital, Benchmark, Rustic Canyon Partners and our un-named investor allows us to gear up to our US launch, support more devices and deliver a service that will dramatically reduce the cost of acquiring new customers for video game publishers and retailers worldwide,” said David Perry, CEO of Gaikai Inc.

Location: USA, Los Angeles, CA

Ref: F231109-461

Related article – Games on demand company Gaikai raises $5M Posted on January 7, 2010

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