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Friday, May 02, 2014

Kamcord Raises $7.1 Million from Series A Funding (Led by TransLink Capital)

Press Release - 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.

Updates summaries:

1.) Funding:
  • $7.1M Series A
  • Led by TransLink Capital
  • DeNA, SV Angel, Innovation Works, KLab, M&Y Growth Partners, and XG Ventures
2.) Statistic:
  • 1 video shared every 2 seconds
  • 1 million videos shared last month
  • 5 million videos shared total
  • Users can now share videos to LINE and WeChat




3.) App update:
  • Link to our app: https://itunes.apple.com/us/app/kamcord-watch-mobile-gameplay/id852813679?mt=8
  • 30% of users click to download a game EVERY day

4.) Games highlights:
  • Mini Carnival by Triniti Interactive (top Chinese developer)
    • 11% of views result in a like
    • 3.5% of views result in a comment
  • Battle Camp by Penny Pop
    • Top 50 grossing game in the US
    • Over 1M shares in less than 6 months
  • Live in games by top Japanese developers DeNA, Colopl, and Namco Bandai
Details.

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