LOS ANGELES Jan. 25, 2011 $10 million Chicago Los Angeles
Yair Landau Los Angeles
Guy de Beer Europe Asia
Landau stated: "Playcast has solved some very complex technological problems enabling a new and broader game-playing audience to experience console-level interactivity through their existing digital set-top boxes. With its unique technology, numerous game-publisher agreements and worldwide MSO/Telco relationships, Playcast is poised to build a meaningful business around the world. We are very excited to help Guy and his team take Playcast to the next level."
Tirosh added: "Playcast is at the nexus of some of the most powerful trends in the media business today – turning media from DVD sales and broadcast to on-demand streaming, enabling a new release window for AAA games, over-the-top TV services and the introduction of cloud computing to media services. This new investment allows Playcast to tap into a new pool of resources and expertise and position itself as a de-facto leader in the cloud gaming space."
About Playcast Media
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About MK Capital
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About Xenia Venture Capital
Avishay Noam Anat Segal Israel Orna Berry Avi Lior Roni Einav Aki Ratner Gideon Mantel Yafit Stark Yossi Shaham Xenia www.xenia.co.il