Los Angeles – Playcast, the developer of a cloud-based video
game streaming service, announced on Monday that it has raised $10 million in
its second round of venture capital financing, led by MK Capital and JVP.
backers Xenia Venture Capital and C.Mer Industries also participated in the
Los Angeles-based Playcast launched its service in Europe
last November, offering video game streaming services to multi-system operators
and telecom companies.
Publisher partners providing titles for the service
include Activision, THQ, Capcom, Atari and Codemasters.