Intel has emerged as the strategic backer of Gaikai, a US-based provider of internet-hosted video games, in its second round of funding.
In May, Gaikai raised more than $10m in series B funding from TriplePoint Capital, Rustic Canyon Partners, existing shareholder Benchmark Capital and the undisclosed strategic backer that has now emerged as Intel Capital, the corporate venturing division of chipmaker Intel.
Lisa Lambert, a vice president of Intel Capital, in a report by news provider TechRadar said: "Innovations in both content delivery technologies and the supporting data center architectures are transforming the future of gaming by enabling the distribution of leading edge games on a wide variety of connected devices to internet users worldwide.
"Gaikai’s innovative interactive content network positions the company as a leading provider in the emerging area of cloud-based gaming and we look forward to working with Gaikai to provide new data center capabilities to support their technologies."