Venture capital firms MK Capital, JVP, Xenia Venture Capital were also part of the B round for Playcast Media Systems alongside C.Mer.

Playcast Media Systems, a US-based provider of a video game streaming service previously backed by Israel-based equipment maker C.Mer Industries, has raised $10m in its series B round.

Venture capital firms MK Capital, JVP, Xenia Venture Capital were also part of the B round alongside C.Mer.

Guy de Beer, chief executive of Playcast and formerly a senior director at Harmonic Lightwaves, co-founded the company in 2007 with its chief technology officer Natan Peterfreund, formerly chief scientist of video technology at DSP Group.

James Mawson

James Mawson is founder and chief executive of Global Venturing.