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.
Previous
backers Xenia Venture Capital and C.Mer Industries also participated in the
investment round.
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.
Related Links:
http://www.playcast-media.com
