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Video & Dragons: GungHo leads $15 million funding for Kamcord

Date Type Companies involved Size
December 11th, 2014 investment GungHo Online Entertainment
Kamcord
$15m
Video & Dragons: GungHo leads $15 million funding for Kamcord

Having stacked up 25 million shared gameplay video on its social network since launch, US outfit Kamcord is racking up even more impressive stats with the announcement that it has raised $15 million in Series B funding.

Led by Japanese published Gungho Online, the round also included participation from a long list of sponsors including: Tencent, Wargaming, TransLink Capital, M&Y Growth Partners, Merus Capital, XG Ventures and individual angels.

Kamcord was created in 2012 around the world's first mobile gameplay recording and sharing solution, and fast became the largest social network for mobile gamers.

Like Unity's Everyplay, it's effectively a non-streaming version of Twitch purely for mobile platforms. Game developers can integrate Kamcord's technology into their games using the network's free SDK, thus expanding their community through promotion from players.

During September 2014, more than 1.3 million unique players shared a video on Kamcord, with popular titles including Gumi's Brave Frontier, Sega's Crazy Taxi: City Rush, Hothead's Kill Shot and Mistwalker's Terra Battle

Grand plans

In October the US-based startup opened offices in Japan. Kamcord now plans to spend its $15 million in funding on continuing that expansion throughout Asia, as well as further scaling its operations in the United States.

"Kamcord's mission is to build a community around gameplay videos for the world's 1 billion mobile gamers," said CEO Matt Zitzmann.

"We couldn't be more excited to deepen our relationship with GungHo Online and leverage its incredible expertise in mobile and building world-class gaming communities. These new funds will help us accelerate our growth as we work to realize our vision."

Kamcord is hiring in San Francisco and Tokyo. You can find open positions here.

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