Google Leads Investment In Facebook Gamer Kabam
Kabam, the maker of Kingdoms of Camelot, Dragon of Atlantis and Glory of Rome, receives $85 million in a financing round led by Google's venture arm, helping the startup expand in Asia, hire developers and make acquisitions.
If you play Facebook games, then you are familiar with Kabam games. The company is the maker of Kingdoms of Camelot, Dragon of Atlantis and Glory of Rome. The company receives $85 million in a financing round led by Google’s venture arm, helping the startup expand in Asia, hire developers and make acquisitions.
The investment is also being co-led by Pinnacle Ventures, and now values Kabam at about $500 million. The Bay Area company has raised $125 million since it started five years ago as a sports and social media group, but transformed into creator of social games.
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