According to reports now emerging, struggling cloud-gaming service OnLive owed upwards of $30 million USD (possibly as much as $40 million).
The revelation comes from Joel Weinberg, CEO of Insolvency Services Group, an organisation brought in to aid OnLive just days before it would've shut down completely, such was the seriousness of the situation.
He told Mercury News: "It was a company that was in dire straits. It only had days to live in terms of cash flow and the like. Something had to be done immediately or there would have been a hard shutdown, which would have been a disaster."
The investment that saved the company came from Lauder Partners, who hired many of the staff that lost their jobs when OnLive briefly closed its doors earlier this month.