Kevin Cho’s company found high patrons: the names of venture funds that bought part of its shares last July became known. Google Ventures is one of them.
Recall that a month ago, an unknown buyer purchased a stake in Kabam for $ 38.5 million, estimating its full value at $ 700 million. The money went into the pockets of the leading managers.
As it also turned out, Founders Circle Capital, Pinnacle Ventures and Canaan Partners took part in the deal together with Google.
A source: pocketgamer.biz