Thursday, May 26, 2011

Kabam Gets $85M

Redwood City-based Kabam, a developer of massively multiplayer social games, said today that it has raised $85M in a Series D funding round. The round was co-led by Google Ventures and Pinnacle Ventures, and also included Performance Equity, SK Telecom Ventures, Canaan Partners, Redpoint Ventures, and Intel Capital. As part of the funding, Joe Kraus of Google Ventures joins the company's board. Kabam is headed by Kevin Chou, and runs such titles as Kingdoms of Camelot and Dragons of Atlantis. The firm said it has now raised $125M. More information »