Streaming gaming service Kamcord raised $10 million

The Kamcord platform, specializing in mobile gaming streaming, received $10 million during the third investment round.

Recall that in May 2014 Kamcord raised $ 7.1 million, in December of the same year another $ 15 million.

The largest amount in the third round was invested in the platform by one of the world’s largest media companies, Time Warner, which owns Warner Bros., CNN, HBO and other equally well-known assets.

After completing the round, the developers of Kamcord announced their plans to open the platform to a non-gaming audience, to allow streaming any smartphone activity.

Kamcord co-founder Aditya Rathnam hopes that in the future his service will be able to work with content from Time Warner. Considering that Rachel Lam, managing director of Time Warner Investments, has joined the board of directors of the service, this is not an empty fantasy.

A source: gamasutra.com, techcrunch.com

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