Tech Company Financing Transactions
Playkey Funding Round
On 7/24/2017, Playkey landed $2.8 million in investment from Internet Initiatives Develompent Fund.
Transaction Overview
Company Name
Announced On
7/24/2017
Transaction Type
Venture Equity
Amount
$2,800,000
Round
Undisclosed
Proceeds Purpose
The Moscow-based streaming startup is planning to use its new resources to help expand services and servers to the United States, Western Europe and Asia.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Stakhanovskaya 45
Perm, 614066
Russia
Perm, 614066
Russia
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Playkey service is based on streaming technology, when game is launched on a server and streamed to the end user device. User just need a device capable to display video stream and a broadband internet connection 4mbps+. Adaptive bit rate used to personalize stream to high speed and low broadband speed customers.
Management Team
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