Tech Company Financing Transactions
Playcast Media Systems Funding Round
Playcast Media Systems closed a $10 million Series B funding round on 1/25/2011. Backers included JVP, MK Capital and Xenia Ventures.
Transaction Overview
Company Name
Announced On
1/25/2011
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Proceeds Purpose
The partnership with JVP and MK Capital, with their deep understanding of the global media technology space, allows us to continue to grow throughout the world following the success we have experienced in Europe and Asia.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
532 Emerson St.
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
Playcast is a Games-on-Demand system for cable and IPTV operators. It converts a standard set-top box into a powerful games console - using our breakthrough technology which eliminates any latency concerns.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael O'Donnell
Chief Operating Officer
Elad Dror
Executive Vice President
Guy Wollmann
VP - R & D
Yuval Noimark
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