Kamcord said it raised $7.1 million in Series A funding in a deal led by TransLink Capital. The round was joined by SV Angel, DeNA, KLab, M&Y Growth Partners and existing investors Innovation Works, XG Ventures, and Mark Williamson.
Kamcord Raises $7.1 Million from TransLink Capital, DeNA, SV Angel, Innovation Works, KLab, M&Y Growth Partners, and XG Ventures
Kamcord users now share 1 video every 2 seconds.
San Francisco, May 1, 2014 – Kamcord, developer of the leading mobile gameplay recording and sharing platform, announced today it has raised $7.1 million in Series A funding led by TransLink Capital to further develop its new entertainment app for mobile gaming videos and accelerate adoption of its leading gameplay recording solution in Asia. The $7.1 million round was led by TransLink Capital and included participation from SV Angel as well as highly regarded Japanese investors DeNA, KLab, and M&Y Growth Partners. Existing investors Innovation Works, XG Ventures, and Mark Williamson also participated in the round.
Kamcord helps developers address the ever-persistent problems of user acquisition, retention, and engagement by enabling players to share and watch videos from their mobile games. The videos shared from Kamcord drive installs and entertain users both in the Kamcord app and via social networks.
Speaking from a developer perspective, DeNA CEO, Isao Moriyasu, affirmed the importance of video sharing. “As a global leader in developing and publishing mobile games, DeNA is always looking for opportunities to enhance the social features offered to consumers playing our games. Partnering with Kamcord offers our players a unique way to capture and share video of their in-game achievements on social media channels and Kamcord’s mobile app to deliver a more engaging gameplay experience.”
Kamcord’s latest numbers illustrate how popular gameplay sharing has become on mobile. Users now share 1 video every 2 seconds with Kamcord, with over 1 million videos being shared in the last month alone. In addition to the 5 million videos users have shared, the company also announced that over 3 billion videos have been recorded since its debut as the world’s first mobile gameplay recording solution in 2012.
“We want to connect the world’s mobile gamers through video,” said Matt Zitzmann, Co-founder and CEO of Kamcord. “In order to build a truly global platform for sharing and watching gameplay videos, we prioritized strengthening our presence in Asia. The partnerships we’ve formed with this round of funding will help us tremendously in that effort.”
To accelerate its expansion, the company is aggressively expanding it’s business development and engineering teams in 2014. Interested applicants can apply at firstname.lastname@example.org.
“Globally, particularly through our Asian corporate strategic investors and partners, we see the daily dynamic evolution of the mobile gaming industry,” commented board member Eric Hsia. “One constant has been gaming as a media and social experience that gamers want to relive and share. Kamcord’s mobile game recording and sharing solutions, developed with a game developer’s mindset, empower developers to provide their gamers this enhanced experience. We are very excited to become a part of the Kamcord team.”
For more information on this announcement, please read Kamcord’s blog post at blog.kamcord.com. Also download the Kamcord app at https://itunes.apple.com/app/kamcord-watch-mobile-gameplay/id852813679.
Kamcord is the first mobile gameplay recording and sharing technology. Kamcord’s free SDK is changing the way players experience and share their favorite games. Users now upload 1 video every 2 seconds with the service and have recorded over 3 billion videos total. More than 250 games across iOS and Android are using Kamcord today to provide a deeper social layer around video and to market their games effortlessly. These developers include Acceleroto, Bossa Studios, BulkyPix, CMUNE, Colopl, Crescent Moon Games, Deemedya, DeNA, Djinnworks, Limbic Software, Namco Bandai, Pangea Software, PennyPop, Pixowl, and Triniti Interactive. For more information, please visit kamcord.com or follow us on Twitter @Kamcord.
About TransLink Capital
TransLink Capital is a Silicon Valley-based venture capital firm that leverages proprietary Asian insight from Asian corporate strategic partners and network to invest in customer engagement-ready U.S. IT startups. Established in 2007 with offices in Palo Alto, CA., Beijing, Tokyo and Seoul, the firm invests in early and expansion-stage companies with a primary focus in mobile, social and cloud applications, infrastructure and services. TransLink’s highly successful portfolio includes Appcelerator, Carbonite, ChartBoost, Guavus, Misfit Wearables, Montage, Nexenta, nWay, Quixey, Peel, SoundHound, Tango, Wildfire and YuMe. To learn more, visit www.translinkcapital.com.