The service for creating streaming videos Kamcord raised $15 million during the investment round B. According to representatives of Kamcord, the total amount of investments invested in the service has reached $25 million.
Funds this time came from companies with big names: the round was led by GungHo Online Entertainment, Tencent, Wargaming, TransLink Capital, M&Y Growth Partners, Merus Capital, XG Ventures, as well as business angels Garry Tan, Aaron Iba, Garge Taggar (Harj Taggar), Alexis Ohanian, Dror Shimshowitz and Mark Williamson.
The company stated that it will use the received investments to expand its staff in the United States and to further conquer the Asian market.
Recall that the Kamcord SDK is provided to developers for free. The service is used by companies such as 505 Games, Big Blue Bubble, DeNA, Djinnworks, Gree, Gumi, Hothead Games, Linden Lab, Out Fit 7, Pixowl, Sega, Trinity Interactive, True Axis and Vector Unit.
Other materials on the topic:Kamcord has more users than Twitch