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Samsung’s venture arm has contributed to a round of funding that adds $13 million to the total raised by BlueStacks, the virtualization startup that debuted its GamePop platform earlier this year to offer over-the-top mobile gaming for living room and TVs. Samsung’s investment backs the company’s vision of delivering GamePop as a white-label solution aimed at TV makers and cable providers. Other investors in BlueStacks include Andreessen Horowitz, Qualcomm, Intel, Redpoint and more.
Source
BlueStacks said Wednesday that Samsung Ventures has taken a stake in the company as the Korean electronics giant takes an interest in the company’s Android-based GamePop console.
“The size of the mobile gaming market, combined with the unique technology BlueStacks has developed for these games to run smoothly on TV, made this an easy choice for us,” Samsung Ventures VP Ilseok Yoon said in a statement. “The control mechanic they have developed for mobile gaming on TV makes it feel like the games were developed for TV in the first place. It’s very impressive.”
BlueStacks’ aim is to convince cable companies and TV makers to sell GamePop-powered devices under their own brands.
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I wonder if this means that Samsung TVs will come with Bluestacks Gamepop micro console in the future, or Samsung will enter the game console buisness like Sony, and Microsoft.
I never expected Gamepop to raise $13 million dollars from a big company like Samsung.
Samsung’s venture arm has contributed to a round of funding that adds $13 million to the total raised by BlueStacks, the virtualization startup that debuted its GamePop platform earlier this year to offer over-the-top mobile gaming for living room and TVs. Samsung’s investment backs the company’s vision of delivering GamePop as a white-label solution aimed at TV makers and cable providers. Other investors in BlueStacks include Andreessen Horowitz, Qualcomm, Intel, Redpoint and more.
Source
BlueStacks said Wednesday that Samsung Ventures has taken a stake in the company as the Korean electronics giant takes an interest in the company’s Android-based GamePop console.
“The size of the mobile gaming market, combined with the unique technology BlueStacks has developed for these games to run smoothly on TV, made this an easy choice for us,” Samsung Ventures VP Ilseok Yoon said in a statement. “The control mechanic they have developed for mobile gaming on TV makes it feel like the games were developed for TV in the first place. It’s very impressive.”
BlueStacks’ aim is to convince cable companies and TV makers to sell GamePop-powered devices under their own brands.
Read More
I wonder if this means that Samsung TVs will come with Bluestacks Gamepop micro console in the future, or Samsung will enter the game console buisness like Sony, and Microsoft.
I never expected Gamepop to raise $13 million dollars from a big company like Samsung.