Kabam
Kabam (formerly Watercooler, Inc. ) is one of on 23 October 2006 Kevin Chou , Holly Liu founded and Mike Li Canadian entertainment technology company for mobile games . Headquarters is in Vancouver . Tim Fields is the CEO .
In October 2009 Betfair invested 5.5 million US dollars in Watercooler, Inc. In 2009 the game Kingdoms of Camelot was released , in December 2014 the game Marvel Contest of Champions . In July 2014, Alibaba invested $ 120 million in Kabam, resulting in a company valuation of over $ 1 billion. A total of $ 244.5 million in venture capital flowed into the company. In 2017, Kabam was sold to the South Korean company Netmarble Game for a sum between 700 and 800 million dollars .
Web links
- Official website (English)
Individual evidence
- ↑ Watercooler raises $ 5.5M to expand social fantasy sports game business , venturebeat.com, accessed August 24, 2018.
- ↑ Alibaba's investment values Kabam at more than $ 1B , venturebeat.com, accessed on August 24, 2018 (English)
- ↑ Kabam , crunchbase.com, accessed on August 24, 2018 (English)
- ↑ Alibaba's investment values Kabam at more than $ 1B , techcrunch.com, accessed on August 24, 2018.