Kabam

Kabam
Type Private
Founded 2006
Employees 400
Website www.kabam.com

Kabam (formerly Watercooler, Inc.) is an interactive entertainment company that develops and publishes massively multiplayer social games (MMSG’s), including the popular and critically praised Kingdoms of Camelot. Before expanding into gaming, Kabam established itself as a leading social applications developer with entertainment and sports communities totaling more than 60 million users. Founded in 2006, Kabam has offices in San Francisco and Redwood City, Calif., Beijing, China, and Saarbruecken, Germany.

Kabam makes free-to-play games for social networks. The company focuses on developing "real games", or games with deeper gameplay mechanics akin to more traditional MMOs.[1] In late 2009, Kabam launched Kingdoms of Camelot, one of the first successful strategy games on Facebook.[2]

In October 2009, Kabam secured $5.5 million in Series B funding from Betfair, the world’s largest Internet betting exchange, and Canaan Partners, which participated in the company’s Series A funding in 2007.[3]

Founded in 2006 by Kevin Chou, Michael Li, Holly Liu, and Wayne Chan, the company originally focused on building community apps for sports and entertainment fans, amassing more than 25 million users on Facebook and other social networks.[4]

Kabam had acquired WonderHill and has expanded from 100 to 200 employees.

Sources

  1. ^ http://fewl.net/kocwiki Kingdoms of Camelot Wiki
  1. ^ Watercooler Changes Name to Kabam, Focuses in on Deeper Social Games Inside Social Games. August 3, 2010
  2. ^ Playdom Reaches Out to Strategy Gamers with Verdonia Inside Social Games. June 16, 2010
  3. ^ Watercooler raises $5.5M to expand social fantasy sports game business VentureBeat. October, 25 2009
  4. ^ Sports fantasty social startup Watercooler raises $5.5M San Jose Business Journal. October 26, 2009