Kabam joins the $1 billion club after Alibaba investment. Can it avoid the fate of Zynga?

by tech on July 31, 2014

Gaming company Kabam, creator of such little known hits as “Kingdoms of Camelot” and “The Hobbit: Kingdoms of Middle-earth,” has joined the elite-ish $1 billion valuation club following a sizable Series E from Alibaba. With a “diversify and prosper” strategy, Kabam hopes to avoid the rocky roads paved by Zynga and Candy Crush’s King.com.

Kabam joins the $1 billion club after Alibaba investment. Can it avoid the fate of Zynga? originally published by Gigaom, © copyright 2014.

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