Retro game streaming service Antstream Arcade has announced that it has closed an external financing round of $3.5million led by the Atari Group. This brings the total investment in Antstream to over $20million, alongside existing investors such as Chinese gaming giant Tencent and London venture capitalist Hambro Perks.
Antstream is the world’s first and largest classic game streaming subscription service and has amassed the largest collection of fully licensed games titles available for streaming in one place with over 1100 retro games available on-demand through an ad-supported freemium model or a subscription of $6.99 per month.
CEO of Antstream Arcade, Steve Cottam, said: “Atari is synonymous with the golden era of games that Antstream Arcade was built to bring to gaming audiences worldwide, so to have its support in growing the platform is one of the best endorsements we could possibly hope for.”
“Cloud gaming is the future of the games industry, and this latest funding will enable us to expand our industry leading library of games, but also make them available on more devices and in more countries than ever before.”
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