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Game streaming startup Polystream raises $1.5m


Game streaming firm Polystream has raised $1.5m in seed funding from London Venture Partners and Initial Capital.

The funding, the company said in a statement, will enable Polystream to deliver HD streaming solutions for games and 3D applications.

Bruce Grove, CEO of Polystream, said: “We are transforming the world of ordinary linear video into an extraordinary interactive experience; completely redefining both the technology and the business of application streaming.”

He added: “Having the backing and support of London Venture Partners and Initial Capital shows huge confidence in what we’re achieving, and we’re incredibly excited to be working with these great partners.”

The news comes after the company raised an undisclosed amount in February last year.

“Polystream’s progress has been exceptional, and we’re more convinced than ever that they have the tech and team to deliver app cloud streaming that actually works, economically and in UltraHD quality,” said David Lau-Kee, general partner at LVP, adding: “What they are delivering is transformative, and so of course we’re going to double-down”.