Playcast Media Systems, a US-based provider of a video game streaming service previously backed by Israel-based equipment maker C.Mer Industries, has raised $10m in its series B round.
Venture capital firms MK Capital, JVP, Xenia Venture Capital were also part of the B round alongside C.Mer.
Guy de Beer, chief executive of Playcast and formerly a senior director at Harmonic Lightwaves, co-founded the company in 2007 with its chief technology officer Natan Peterfreund, formerly chief scientist of video technology at DSP Group.