
Kabam Stock
Mobile gaming company
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About Kabam Stock
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 approximately 650 employees across three continents, with corporate headquarters in San Francisco.
Investors
Alibaba
One97, Lyft, Tokopedia, Magic Leap, BigBasket, Didi Kuaidi, Quibi, TangoMe, Kabam, 1stdibs
GV
Uber, Robinhood, Jet, Impossible Foods, Lacework, Slack, Snyk, SambaNova Systems, DocuSign, Gusto
Intel Capital
One97, DataRobot, SambaNova Systems, DocuSign, Joby Aviation, MongoDB, Sprinklr, Synthego, Vectra, SiFive
Redpoint Ventures
Stripe, Pure Storage, Collective Health, Whatnot, Twilio, HashiCorp, DraftKings, MapR Technologies, Sonos, Looker
Funding History
October 2007 | $4.2M |
---|---|
October 2009 | $5.5M |
June 2010 | $30.0M |
April 2011 | $86.7M |
August 2014 | $120M |
Management
CEO
Kevin Chou
Co-Founder & Chief of Staff
Holly Liu
Co-Founder, GM China & Director
Michael Li
COO
Chris Carvalho
CFO
Steve Klei
Press
CNBC - Oct, 20 2015
Kabam is blowing up with help from Jedis and superheroesBusiness Wire - Jan, 29 2015
Kabam Revenue Rises to a Record $400 MillionRecode - Jan, 29 2015
Kabam Cuts Back on Third-Party Publishing as Revenue Tops $400 MillionCCTV America - Jan, 27 2015
Alibaba buys 10 percent stake in US gaming company KabamCNET - Jan, 13 2015
Kabam expands with TapZen and Magic Pixel Games acquisitionsTechCrunch - Jul, 31 2014
Alibaba Invests $120M in Kabam at a Valuation Above $1BVentureBeat - May, 9 2014
Kabam’s mobile games win loyal players who aren’t so easy to please (interview)The Wall Street Journal - Mar, 12 2014
Kabam Prepares for M&A Spree, Hires Gaming Vet Chris Petrovic to Head EffortTechCrunch - Jan, 21 2014
Game Maker Kabam Doubles Its Annual Revenues To $360MEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
Some data provided by Crunchbase