Status: Acquired by Netmarble on December 19, 2016
Total Equity Funding: $244.5M in 5 Rounds from 9 Investors
Headquarters: San Francisco, California
Description: Kabam is a mobile gaming company developing free-to-play core games available on mobile devices, the web, and other platforms.
Founders: Holly Liu, Wayne Chan, Kevin Chou, Mike Li
Categories: Web Development, Gaming, Mobile
Founded: October 23, 2006
Employees: 12 in Crunchbase
Kabam is the leader in the western world for free-to-play core games with first and third party published titles available on mobile devices via the Apple Store, Google Play, Amazon Appstore, and on the Web via Facebook, Yahoo, Kabam.com and other platforms.
In each of the last two years Kabam revenues have grown by 80 percent or more and will total more than $325 million in 2013. The company is profitable and has created four titles that, by the end of the year, will have grossed over $100M each in their life. Kabam’s Kingdoms of Camelot franchise has grossed more than $250 million in less than four years, making it one of the top 10 strategy franchises of all time.
In 2012, Kabam Publishing was launched to provide third-party developers access to Kabam’s technology platform, distribution channels, data analytics and best practices that Kabam’s in-house development teams use to bring wildly successful games to players worldwide.
Kabam has more than 800 employees around the world, with corporate headquarters in San Francisco.
The company’s investors includ e Google, Warner Brothers, MGM, Intel, Canaan Partners, Redpoint Ventures, Pinnacle Ventures and others. More information about Kabam can be found at www.kabam.com.