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
April 11, 2026 - 00:17
Exit 8's director lays out the rules he broke to make a great video game movieThe longstanding belief that video games are poor source material for cinematic adaptations is being directly challenged by a new wave of filmmakers. One such director, behind the upcoming project ...
April 10, 2026 - 03:00
2K Says Surprise ‘Borderlands’ Mobile Game Launch Isn’t An AccidentThe vaults have cracked open on smartphones in a surprise move that has taken the gaming community by storm. A new, previously unannounced Borderlands title has officially launched on iOS and...
April 9, 2026 - 08:23
5 Hit SNES Games That Didn't Age WellThe Super Nintendo Entertainment System boasts a legendary library filled with timeless masterpieces. However, not every game from that golden age has weathered the decades gracefully. A handful of...
April 8, 2026 - 22:41
Open-world Dragonheir: Silent Gods adds major update and Might & Magic III CrossoverThe expansive open-world RPG Dragonheir: Silent Gods has launched a significant new chapter, headlined by a surprising crossover with the legendary Might and Magic series. This substantial...