PlayGiga (“PG”) enables users to play premium videogames on PC / Mac or TV through an affordable monthly subscription. PG makes premium videogames accessible to everyone. Premium videogaming usually requires a PC with expensive superior graphics capabilities or a costly gaming console. Moreover, current pricing of videogames (€20-60 per game) limits the number of new titles gamers can afford each year, thus making videogaming a pretty expensive hobby. PG allows gamers play a wide selection of premium games from anywhere on their PC/MAC or TV for a low monthly fee. We believe that similarly to what happened with Netflix for TV or Spotify for music, the videogames industry will evolve towards a streaming model where users will not need to buy a specific hardware and will enjoy a curated catalogue of games under a subscription model. B2B Clients: TIM: TIM games (cloud gaming solution developed by PlayGiga) was released in September 2017. Telecom Italia is the main ICT group and the technology partner of Italy to embrace digital. Abroad its strength is Brazil, where TIM Brasil, is a major player on the market. Turner: GLOUD games (cloud gaming solution developed by PlayGiga) was released in December 2017. Turner International is a Time Warner company that operates more than 180 channels (CNN, TNT, Cartoon Network, Boomerang and TCM Turner Classic Movies). Turner showcases 43 brands in 34 languages in over 200 countries. Founded in 2013, PG has developed superior technology based on cloud virtualisation that optimizes latency while reducing the OPEX & CAPEX required to serve customers a premium experience in real time. PG has advantageous licensing deals with top games publishers, resulting in a high-quality catalogue of available games and has live deployments in Spain, Italy, Argentina, and Chile.
Location: Spain, Community of Madrid, Madrid
Member count: 51-200
Total raised: $11.168606M
Founded date: 2013
Investors 1
Date | Name | Website |
05.08.2021 | Caixa Capi... | caixacapit... |
Funding Rounds 2
Date | Series | Amount | Investors | Deal News |
11.09.2015 | - | $5.668606M | - | finsmes.co... |
13.07.2015 | Series A | $5.5M | - | - |
Mentions in press and media 10
Date | Title | Description | Source |
19.12.2019 | Facebook adquiere PlayGiga a AdaraVP, CaixaCR, BankinterCR e... | 19/12/2019 Nota de prensa FACEBOOK ADQUIERE PLAYGIGA A ADARAVP, CAIXACR, BANKINTERCR E INVEREADY P... | webcapital... |
18.12.2019 | Facebook acquires Madrid-based cloud gaming startup PlayGiga | Facebook has acquired PlayGiga, a Madrid-based cloud gaming startup. The company confirmed the deal ... | techcrunch... |
13.12.2019 | Facebook negocia la compra de la española PlayGiga, particip... | 13/12/2019 FACEBOOK NEGOCIA LA COMPRA DE LA ESPAÑOLA PLAYGIGA, PARTICIPADA POR ADARA, BANKINTERCR, ... | webcapital... |
27.02.2019 | VR and cloud gaming frenzy seizes MWC as 5G hype builds | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn m... | venturebea... |
27.02.2019 | Cloud gaming will determine the new lord of digital distribu... | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn m... | venturebea... |
27.02.2019 | Cloud gaming will determine the new lord of digital distribu... | Nearly 15 years ago, most video games were sold in brick-and-mortar stores. Valve was about to launc... | venturebea... |
27.02.2019 | VR and cloud gaming frenzy seizes MWC as 5G hype builds | With 5G networks rolling out, the telecom industry and its partners are trying to identify use cases... | venturebea... |
11.09.2015 | PlayGiga Raises €5M in Venture Capital Funding | PlayGiga, a Madrid, Spain-based game delivery platform, recently raised €5m in venture capital fundi... | finsmes.co... |
09.07.2015 | Adara Ventures, Caixa Capital Risc, Inveready y Bankinter in... | Adara Ventures, Caixa Capital Risc, la gestora de capital riesgo de “la Caixa”, Inveready y Bankinte... | caixacapit... |
09.07.2015 | Adara, CaixaCR, Inveready y Bankinter invierten €5M en PlayG... | 09/07/2015 ADARA, CAIXA CAPITAL RISC, INVEREADY Y BANKINTER INVIERTEN €5 MILLONES EN PLAYGIGA PARA ... | webcapital... |