Mobile gaming social network Kamcord has announced it has raised $15 million in Series B funding, in a round led by Puzzle & Dragons developer GungHo Online Entertainment. The round included participation from Tencent, Wargaming, TransLink Capital and others. Kamcord’s technology allows users to record and share videos of their best moments in supported mobile games, while its standalone app provides a hub for viewing these videos in a single place.
Kamcord will use this funding to “aggressively” expand its team in the United States, as well as further scale its operations in Asia (the company has previously opened an office in Japan). Kamcord’s technology has proven popular since its launch in 2012, with over 25 million videos being shared so far. During September 2014, more than 1.3 million unique players shared a video on the platform.
“Part of GungHo Online Entertainment’s success derives from building a vibrant player community,” said Jun Iwasaki, CEO of GungHo Online Entertainment America, in a statement. “By partnering with Kamcord, we’re expanding our community as we know community-created gameplay videos are an indispensable form of information, entertainment, and community engagement.”
Earlier this year, Kamcord updated its iOS SDK to support Apple’s Metal, as well as Chukong Technologies’ Cocos2d-3.3.0. Its free iOS app has also received substantial updates since launching in April 2014, including the addition of activity notifications and a notification center extension. Using the app, gamers can follow other players, comment on or “like” other users’ videos, and more.
“Kamcord’s mission is to build a community around gameplay videos for the world’s 1 billion mobile gamers,” added Matt Zitzmann, co-founder and CEO of Kamcord. “We couldn’t be more excited to deepen our relationship with GungHo Online Entertainment and leverage its incredible expertise in mobile and building world-class gaming communities. These new funds will help us accelerate our growth as we work to realize our vision.”