Ubitus Raises over $15M in Funding

Ubitus Inc., a Taiwanese provider of cloud gaming solutions, raised over $15m in funding.

Backers included Samsung Venture Investment Corporation.

The company intends to use the funds to build new gaming experiences with more instant and social features, which are expected to roll out in the third quarter of this year.

Founded in 2007 and led by CEO Wesley Kuo, Ubitus deploys commercial cloud gaming services and offers innovative cloud computing solutions for device manufacturers, wired/wireless communication service providers, telecommunication operators and digital content developers from across the United States, Japan, South Korea and China (including Hong Kong).

The company has over 200 employees and offices in United States, Japan, Korea and China.



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