Kabam Lands $120M From Alibaba
San Francisco-based mobile game developer Kabam has raised $120M from Alibaba, in a deal that reportedly values the company at $1 billion. Kabam develops a wide range of mobile games. The company's backers include Warner Bros., MGM, Google Ventures, Pinnacle Ventures, Performance Equity, SK Telecom Ventures, Canaan Partners, Redpoint Ventures, and Intel Capital.
posted on Friday, August 1, 2014
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