September 30, 2009

OnLive Closes Major Investment


OnLive just closed a major deal yesterday and posted the following statement. If you don’t know what OnLive is or what it is about yet check out http://www.onlive.com, very exciting stuff.

“Big news today—OnLive has closed a major round of funding with participation from AT&T Media Holdings, Inc., Lauder Partners, Warner Bros., Autodesk and Maverick Capital. The funding is much larger than our previous rounds and gives us a serious jolt of rocket fuel as our Beta progresses and we look forward to launching the OnLive® Game Service”

Anything with AT&T makes me very nervous.
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