- B2C
- B2B
- Early StageStartup in initial stages
- Website
- Location
- Company size
- 11-50 people
- Total raised
- $10M
- Markets
GameStreamer careers
GameStreamer was a game digital distribution platform that tried to challenge the big incumbent in the PC gaming market, Valve's Steam.
GameStreamer raised $10M from Ron Westman in Sarasota, Florida, and competed directly with Steve Perlman's OnLive(Raised $110M) and David Perry's Gaikai(Raised $30M, sold for $380M to Sony).
GameStreamer failed to gain market adoption for multiple reasons:
* It proved too difficult to acquire digital distribution rights to the top games(over $2M capex just for the rights to distribute games).
* Exponential network cost growth to deliver high quality service.
* Not enough product differentiation to convince users to leave Steam.
* Inferior pricing economics. Steam can do sales on games as loss-leaders since they also distribute their own games and thus make significantly higher margins.
GameStreamer raised $10M from Ron Westman in Sarasota, Florida, and competed directly with Steve Perlman's OnLive(Raised $110M) and David Perry's Gaikai(Raised $30M, sold for $380M to Sony).
GameStreamer failed to gain market adoption for multiple reasons:
* It proved too difficult to acquire digital distribution rights to the top games(over $2M capex just for the rights to distribute games).
* Exponential network cost growth to deliver high quality service.
* Not enough product differentiation to convince users to leave Steam.
* Inferior pricing economics. Steam can do sales on games as loss-leaders since they also distribute their own games and thus make significantly higher margins.
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Timothy Roberts
Steig Westerberg
Founder of @Stream Theory, the first application streaming company. Chairman & CEO from founding to sale. Co-founder of @StreamServ and @GameStreamer.
Total raised
$10M
Funded over
2 rounds
Latest round
Series A (Jun 2010)
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