Cloud Gaming Service Gaikai Raises $5M
Gaikai, the cloud processing- based streaming game service co-founded by Dave Perry, has raised $5 million in venture capital funding, according to an SEC filing submitted this week.
![](https://eu-images.contentstack.com/v3/assets/blt740a130ae3c5d529/bltba62518415cda0e2/652fe6ddbc479f8697ef691f/default-cubic.png?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
Gaikai, the cloud processing-based streaming game service co-founded by Shiny founder and former Acclaim creative director Dave Perry, has raised $5 million in venture capital funding, according to a U.S. SEC filing submitted this week. The company has not yet commented in detail on the funding, although a Gaikai representative did acknowledge it to Gamasutra. Mitch Lasky, a general partner at tech-focused investment firm Benchmark Capital, was listed on the SEC form, suggesting Benchmark's involvement. Lasky himself is a veteran of the game industry, as a founder of mobile gaming company Jamdat and a one-time Activision executive. Formed by Perry along with Andrew Gault and Rui Pereira, and announced last year, Gaikai is a competitor to similar service OnLive, which was unveiled slightly earlier. Both companies hope to market technology that will allow users to play graphically-intensive video games without the need for highly capable processing hardware, by rendering game images on the server side then compressing and streaming then to users' devices.
About the Author
You May Also Like