Diablo Technologies today announced that it has closed an additional $7.5 million of funding, increasing the total equity investment of its most recent funding round to $36 million. The oversubscription includes a new investment from U.S. Venture Partners and additional funding from existing investors. In conjunction with the new investment, USVP Partner Chris Rust joins Diablo’s board of directors. The …
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Is VALVe Gearing Up To Battle Nintendo, Sony And Microsoft’s Next-Gen Gaming Consoles?
Anyone even remotely associated with gaming knows about Steam. VALVe’s software evolved from being a lowly bare-bones digital-rights management (DRM) nuisance to a tremendously successful digital-content distribution system holding well over 80-85% of market share on PC. VALVe recently rolled out Steam’s Big Picture Mode, a new UI designed specifically for TV’s making it easier for users who prefer console environments of …
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