Playcast Media Systems Lands $10,000,000 Series B Financing Round

  • Feed Type
  • Date
    1/25/2011
  • Company Name
    Playcast Media Systems
  • Mailing Address
    9560 Wilshire Blvd. Beverly Hills, CA 90212
  • Company Description
    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.
  • Website
    http://www.playcast-media.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    MK Capital
  • Venture Investor
    Jerusalem Venture Partners (JVP)
  • Venture Investor
    Xenia Ventures

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