OnLive aquired $16.5M in VC funding in 2007, some from Warner Brothers
Way back on October 31st, 2007, VentureBeat reported that OnLive Inc. (note: the name OnLive was being used as early as 2007) received $16.5M worth of venture Capital money from backers including Maverick Capital and Warner Brothers.
The fact that WB funded them is especially intriguing when you consider the widely accepted notion that if Rearden Studios’ technology works how it is supposed to, it will have an impact far beyond gaming. While Warner Brothers does have a gaming division, it is of course more of a media company. Does this possibly hint at a future interest in OnLive as more than a gaming platform? It seems likely.
This is some of the first concrete evidence we have linking OnLive to potential partner companies outside of the gaming space.
[Via VentureBeat]





Subscribe