Kabam opens an office in Berlin
The authors of Kingdoms of Camelot have created a second office in Europe. This time in the very center of it, in the capital of Germany – Berlin.
The new office will support users and monitor the company’s projects in real time. Given the latter, there is nothing surprising in the choice of dislocation. Berlin, like most of Europe, lives in the UTC+1 time zone. The reluctance to increase the office in Luxembourg, the first European office of the company, in turn, is most likely due to the favorable IT climate in Germany.
Kabam is going to hire 50 employees to work in Berlin.
Kevin Chou, executive director of Kabam, commented on the appearance of the new division: “Berlin is almost as good as Silicon Valley with its high-level, creative specialists. Kabam has high hopes for a division in Berlin“
Kabam is known for creating Kingdoms of Camelot, The Hobbit: Armies of the Third Age and Arcene Empire. This year, the company also managed to organize its publishing division Kabam Publishing. Kabam receives financial support from Google, Warner Brothers, MGM, SK Telecom, Intel, Canaan Partners, Redpoint Ventures, and Pinnacle Ventures and has already acquired a staff of 600 employees.
Last year, the company’s revenue amounted to $ 180 million, this year expectations are associated with a mark of $270 million.