PHȲND Secures $10 Million in Seed Funding to Enhance Smart TV Gaming
February 17, 2025 - 14:47
PHȲND, an innovative cloud gaming platform that operates without a subscription model, has successfully raised $10 million in a seed funding round. This financing was spearheaded by Wellington Management, with additional contributions from notable investors including Bessemer Venture Partners, Connecticut Innovations Fund, and professional soccer player Jozy Altidore.
The funding will be instrumental in advancing PHȲND's mission to revolutionize the gaming experience on smart TVs. By eliminating subscription fees, the platform aims to make gaming more accessible to a broader audience. The investment will enable PHȲND to enhance its technology, expand its gaming library, and improve user experience, positioning itself as a leader in the competitive cloud gaming market.
As the demand for seamless gaming experiences continues to grow, PHȲND is poised to capitalize on this trend, offering gamers a unique opportunity to enjoy high-quality gaming without the financial burden of monthly fees. The future looks bright for PHȲND as it embarks on this exciting journey.
MORE NEWS
September 16, 2025 - 00:50
Ubisoft's Missteps with Assassin’s Creed Shadows: A Helpful TipUbisoft has recently faced criticism for how they have handled the latest installment in the Assassin’s Creed franchise, Shadows. Despite the game showcasing impressive graphics and intricate...
September 15, 2025 - 06:58
Nintendo Direct Reactions: A Mixed Bag of OpinionsIn the latest Monday letters page, gamers shared their thoughts on the recent Nintendo Direct presentation, highlighting both excitement and disappointment among fans. One reader expressed...
September 14, 2025 - 17:19
Transforming a Juice Waterfall into Vines: A Unique Gaming ExperienceI recently wrapped up Ruffy and the Riverside, one of the more modest games I`ve played this year that still managed to make a big impression on me. This indie title combines creativity and...
September 13, 2025 - 03:29
Nintendo Announces Pricing for Mario Galaxy Collection on SwitchNintendo has revealed that the highly anticipated Mario Galaxy collection for the Switch will retail for $70. This collection includes both iconic titles from the beloved series, allowing fans to...