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 to … → Read More
The race is on between sites like Hulu and Joost to bring video content to the web, but as this content becomes more ubiquitous it will be the sites that go beyond basic video streaming that will ultimately be able to differentiate themselves. Watercooler, a development house behind several hundred community-based social network applications, is one company that is positioning itself well for… → Read More
Meet Watercooler, a startup developing social network applications for all the usual suspects – Facebook, MySpace, Bebo, Hi5, and Friendster – that allow fans to rally around their favorite sports teams and TV shows. The Mountain View-based firm raised a previously undisclosed $4M in Series A funding from Canaan Partners this past September. While it’s been developing Facebook… → Read More