kabam

  • Alibaba Invests $120M In Kabam At A Valuation Above $1B

    Alibaba Invests $120M In Kabam At A Valuation Above $1B

    Chinese conglomerate Alibaba is making another big investment in an American startup. The Wall Street Journal reports that the company is investing $120 million in mobile game developer Kabam, best known for games like “Dragons of Atlantis” and for buying the naming rights to UC Berkeley’s Memorial Stadium. Read More

  • Free-To-Play Games Company Kabam Buys Phoenix Age As It Pushes For $650M In 2014 Sales

    Free-To-Play Games Company Kabam Buys Phoenix Age As It Pushes For $650M In 2014 Sales

    Kabam, the free-to-play gaming company that has raised some $125 million in venture funding and looks to be among those weighing up an IPO, has acquired Phoenix Age, a games studio based in San Francisco. The deal was done for diversification: it will give Kabam some strong franchises, and games developing talent, specifically in the area of role-playing games. Read More

  • Game Maker Kabam Doubles Its Annual Revenues To $360M

    Game Maker Kabam Doubles Its Annual Revenues To $360M

    Kabam, the San Francisco-based social and mobile game maker that bought itself naming rights to UC Berkeley’s stadium, said it doubled its annual revenues to $360 million this year. That gives another revenue benchmark for top-grossing game makers. Kabam, which made a hard pivot from Facebook to mobile a few years ago, has two games in the top grossing 50 on the iPhone in the U.S. Read More

  • Kabam Takes Strategic Investment From Warner Bros., Metro-Goldwyn-Mayer

    Kabam Takes Strategic Investment From Warner Bros., Metro-Goldwyn-Mayer

    Kabam, which is behind iOS hits like Kingdoms of Camelot and The Hobbit: Kingdoms of Middle-Earth, just took a strategic investment from Warner Bros. Entertainment and Metro-Goldwyn-Mayer Studios Inc. We don’t know the terms of the deal, but it follows a recent partnership between the two companies where Kabam took Lord of the Rings intellectual property and parlayed that into two… Read More

  • Social Gaming Company Kabam Raises $30 Million, Plans Acquisitions

    Social Gaming Company Kabam Raises $30 Million, Plans Acquisitions

    Kabam, a Californian developer of massively multiplayer social games formerly known as Watercooler, has raised $30 million in Series C funding in a round led by Redpoint Ventures and Intel Capital, with participation from original investor Canaan Partners (which incubated Kabam in its offices at the seed stage). The company, which was founded in 2006, says the additional capital will be used… Read More

  • Kabam Acquires WonderHill, Wants To Become The Blizzard Of Social Games

    Kabam Acquires WonderHill, Wants To Become The Blizzard Of Social Games

    Back in May 2009, I wrote about a small social game developer called WonderHill that was looking to sidestep its competitors focused on battling mobsters and vampires by taking a very different approach: wholesome games that would appeal to the entire family. It sounded like a great idea at the time, and with a veteran team in tow that included CEO James Currier, who founded Tickle (which sold… Read More