Kabam

Kabam (formerly Watercooler, Inc.) is an interactive entertainment company founded in 2006 and headquartered in Vancouver, BC. with offices in Montréal, QC, San Francisco, CA and Austin, Texas. The company creates, develops and publishes massively multiplayer social games (MMSG's) such as Marvel Contest of Champions and Transformers: Forged to Fight for mobile devices. Before expanding into gaming, Kabam established itself as a social applications' developer with entertainment and sports communities totaling more than 60 million users. Kabam markets freemium games for mobile devices, and social networking services. The company's previous investors included Alibaba, Canaan Partners, Google, MGM, Intel, Pinnacle Ventures, Redpoint Ventures, Warner Bros. and others.

Kabam Inc.
Type of businessPrivate
Founded2006
Key peopleSeungwon Lee (CEO)
Kevin Chou (Co-Founder)
Holly Liu (Co-Founder)
Michael Li (Co-Founder)
Wayne Chan (Co-Founder)
IndustryVideo game
RevenueIncrease 360 million
Employees170 (March 7th, 2017)
ParentNetmarble
URLwww.kabam.com

The company has focused on developing "real games," or games with immersive gameplay mechanics akin to more traditional MMOs with an emphasis on the spending and gambling of virtual currency. In late 2009, Kabam launched Kingdoms of Camelot, one of the first successful strategy games on Facebook, but in June 2010, the number of players began constantly shrinking.[1]

As of April 2015, Kabam announced a shift in its focus to developing AAA mobile games.[2]

History

Kabam was founded in 2006 as Watercooler by Kevin Chou, Michael Li, Holly Liu, and Wayne Chan, the company started off focused on building community apps for sports and entertainment fans, amassing more than 25 million users on Facebook and other social networks.[3] In October 2009 Watercooler, secured $5.5 million in Series B funding from Betfair, the world's largest Internet betting exchange, and Canaan Partners, which participated in the company's Series A funding in 2007.[4] On November 2, 2009, Watercooler, launched Kingdoms of Camelot on Facebook.[5]

On August 3, 2010, Watercooler changed its name to Kabam.[6]

On September 19, 2012, CEO Kevin Chou announced that Kabam was considering an IPO.[7] A secondary stock sale was agreed at the end of 2013 which valued the company at $700 million, it was also announced at this time that four of its games – led by Kingdoms of Camelot – grossed more than $100 million, with $360 million in revenues for 2013.[8]

In June 2014, Kabam hired former EA Mobile VP Aaron Loeb as Senior Vice President of its North American Studios (San Francisco and Vancouver), while at EA Mobile he worked on The Simpsons: Tapped Out and Monopoly Slots, Kabam hoped he would provide a link to Hollywood Studios.[9] Also in June, Kabam shut down servers for The Hobbit: Armies of the Third Age.[10]

Alibaba announced in July 2014 that it planned to invest $120 million in Kabam, giving the company a $1 billion valuation. This allowed its games to be distributed through Alibaba's apps, including Mobile Taobao and the Laiwang messaging app.[11]

As of April 2015, Kabam is only focused on developing AAA mobile games. As a result, a number of Kabam games were shut down, older Kabam games transferred to other companies and Kabam support for third-party games decreased.[2]

On August 13, 2015, Machine Zone, maker of Game of War: Fire Age, sued Kabam for trade secret theft.[12] The conflict was resolved to both companies' satisfaction a month later on September 10.[13]

On September 10, 2015, Kabam, Disney Interactive, and Lucasfilm released Star Wars: Uprising. In September 2015, Nick Earl, president of worldwide studios, resigned. Mike Verdu was promoted to president of Kabam Studios and chief creative officer in charge of the publisher's game design and game quality. Aaron Loeb was promoted to president of Kabam Studios and live services, in charge of service quality.[14]

On January 7, 2016, Kabam announced it had sold its legacy games and third party-published games to Chinese publisher GAEA Mobile.[15] After the downsizing in April 2015, Kabam shut down a number of older games that were not transferred.

On February 22, 2016, Kabam laid off 8 percent of its company workforce. Kevin Chou, Kabam's chief executive, said in an exclusive interview with GamesBeat that the company will focus on free-to-play massively multiplayer mobile games such as its current hits, Marvel: Contest of Champions and Star Wars: Uprising. That means Kabam will put less emphasis on single-player games such as Fast & Furious.[16]

On June 23, 2016, Kabam announced that they would be selling Realm of the Mad God to DECA Games.

In July 2016, Kabam announces that Marvel Contest of Champions hit $100 million in gross revenue in seven months, the fastest of any game in Kabam history (The Hobbit was next fastest at 13 months). In November 2016, Kabam appoints Jeff Howell to the newly created position, Chief Technology Officer.

In June 2016, Kabam partners with Lightstorm Entertainment and 20th Century Fox to Develop a Groundbreaking New Avatar Mobile Game.

In August 2016, Kabam and Hasbro teamed up to develop Transformers: Forged to Fight. The title was released on April 5, 2017. The game was shut down in January of 2023, but was remade available to Netflix members in May of 2023.[17]

In October 2016, Kabam Vancouver announced planning for a new location, TechVibes.

As of March 1, 2017, Kabam was acquired by Netmarble.[18]

In 2017, Tim Fields was named as CEO of Kabam.[19]

On August 17, 2020, Kabam released Marvel Realm of Champions, a spin-off of their hit game Marvel Contest of Champions. That game would go on to shut down on March 31, 2022.[20]

On January 17, 2022, Kabam announced that Mr. Seungwon Lee from Netmarble would assume the role of CEO at Kabam.[21]

Kabam and Disney collaborated to make Disney Mirrorverse, released on June 23, 2022.

Company acquisitions
Date of Purchase Name of Company Key Targets References
October 22, 2010 WonderHill Dragons of Atlantis & Aquarium Life [22]
December 20, 2011 Gravity Bear Battle Punks [23]
June 19, 2012 Wild Shadow Studios Realm of the Mad God [24]
January 27, 2012 Fearless Studios Haden Blackman – creator of Star Wars:The Force Unleashed & Cedrick Collomb – formerly Director of Engineering at LucasArts [25]
December 3, 2013 Balanced Worlds Bomb Buddies [26]
January 15, 2013 Exploding Barrel Games Margaritaville [27]
March 10, 2014 Phoenix Age Underworld Empire and Castle Age [28]
January 12, 2015 Tapzen Mike Verdu – formerly worked on the Command & Conquer franchise at EA, also used to work for Zynga [29]
January 12, 2015 Magic Pixel Games Michael Seegers – former EA games developer [29]
May 26, 2016 Superweapon Dawn of Steel [30]
March 25, 2019 Riposte Games & Co Mini Guns publishing [31]

Games and platforms

Games developed or acquired by Kabam
Title Platform Original Developer Available to Play Release Date Shutdown Date Notes
1.Fantasy FootballFacebookWatercoolerNo2009/07/012010/10
2.$20K Football ChallengeFacebookWatercoolerNo2009/082010/10
3.2010 Bracket ChallengeFacebookWatercoolerNo2009/10/012010/10
4.Kingdoms of CamelotFacebookWatercoolerYes2009/11/06Transferred to RockYou and supported by RockYou as of the beginning of April 2015, though Kabam still hosts the game and Kabam Rewards still apply to the game.[32]
5.NoodleFacebookWatercoolerNo2009/11/122010/10
6.Sweet WorldFacebookWatercoolerNo2010/04/282011/01/31[33]
7.Epic GoalFacebookWatercoolerNo2010/06/012010/11
8.SI Fantasy FootballFacebook, WebKabamNo2010/08/062011/04
9.GreenSpotMySpaceWonderHillNo20092010/12/02[34]
10.Dog WorldMySpace, FacebookWonderHillNo20092010
11.Enchanted GardensFacebookWonderHillNo2009/10/122010
12.Furry FarmFacebookWonderHillNo2010/03/192010/12/01
13.Tattoo CityFacebookWonderHillNo2010/06/162010/12/01[35]
14.Dragons of AtlantisWonderHillYes2010/10/06Transferred to RockYou and supported by RockYou as of the beginning of April 2015, though Kabam still hosts the game and Kabam Rewards still apply to the game.[32]
15.Battle PunksFacebookGravity Bear StudioNo2010/03/022012/03Date is for beta release, server unresponsiveness by March 2012 was not announced and remains unresolved
16.Realm of the Mad GodWeb, Kongregate, SteamWild Shadow Studios, Spry FoxYes2010/01/102016/06/16Acquired by Deca Games on 19 June and officially transferred to Deca Games on 23 June.
17.Bomb BuddiesFacebookBalanced Worlds StudioNo2012/05/252013/06Server unresponsiveness by June 2013 was not announced and remains unresolved
18.Castle AgeFacebookPhoenix AgeYes2009/02
19.Castle Age HDiOSPhoenix AgeYes2011/12/15
20.Underworld EmpireiOS & AndroidPhoenix AgeYes2013/01/15
21.DDTank2Web7RoadNo2013/05/022015/03/05[36]
22.This Means WariOS & AndroidMagic Pixel Games, TapZenYes2014/06/26
23.Hero ForceFacebookKabamNo2010/08/012011/04/29[37]
24.Glory of RomeFacebookKabamYes2010/10/23Transferred to RockYou and supported by RockYou as of the beginning of April 2015, though Kabam still hosts the game and Kabam Rewards still apply to the game.[32]
25.Global WarfareFacebook, WebKabamNo2011/03/182012/11/30[38]
26.Samurai DynastyFacebookKabamNo2011/03/292011/11/15[39]Date is for beta release
27.EdgeworldFacebookKabamNo2011/05/182018/10Transferred to RockYou and supported by RockYou as of the beginning of April 2015, though Kabam still hosts the game and Kabam Rewards still apply to the game.[32]
28.The Godfather: Five FamiliesFacebook, Kongregate, WebKabamNo2011/09/072019/02Date is for beta release. Transferred to RockYou and supported by RockYou as of the beginning of April 2015, though Kabam still hosts the game and Kabam Rewards still apply to the game.[32]
29.Kingdoms of Camelot: Battle for the NorthiOS & AndroidKabamYes2011/11/21
30.Thirst of NightWebKabamNo2011/122013/01/31[40]
31.Final EdenWebKabamNo2012/01/272012/11/27[41]
32.Mobile Command: Crisis in EuropeiOSKabamNo2012/04/042012/10/08[42]Date for beta release, limited to Canada
33.Arcane EmpiresiOS, Android & FacebookKabamYes2012/06/26Date is for beta release, limited to Canada
34.Legend FouriOSKabamNo2012/07/212013
35.Trojan WarWebKabamNo2012/09/032012/11/19[43]
36.Battle ShardWebKabamNo2012/09/122012/12/04[44]Date is for beta release
37.Kabam SlotsiOS & AndroidKabamNo2012/09/202014
38.The Hobbit: Kingdoms of Middle EarthiOS & AndroidKabamYes2012/10/16
39.The Hobbit: Armies of the Third AgeFacebook, WebKabamNo2012/11/062014/06/20[10]
40.Edgeworld MobileiOSKabamNo2012/11/062013/06/24[45]Date is for beta release, limited to Canada
41.Legend Four HDiOSKabamNo2012/12/102013
42.Lich DefenseAndroidKabamNo2013/02/012013
43.BlastroniOS, Android & FacebookKabamNo2013/01/032014
44.Farland WarsAndroidKabamNo2013/03/062013
45.Dark DistrictiOSKabamNo2013/03/292014/07/21[46]Date for beta release, limited to Canada
46.Battle DodgersiOS, AndroidKabamYes2013/04/06Published and supported by Galaxy Pest Control. Android version is no longer available.
47.Dragons of Atlantis: Heirs of the DragoniOS & AndroidKabamYes2013/04/16Date is for beta release
48.Fast & Furious 6: The GameiOS, Android & FacebookExploding Barrel GamesNo2013/05/152015/06/30[47]
49.Imperium: Galactic WarFacebook, WebKabamNo2013/05/222013/11/04[48]
50.Order of ElementsiOSKabamNo2013/05/312013/11/11[49]
51.Galactic War: LegacyAndroidKabamNo2013/06/122013/07Loading issues occurred by July 2013
52.Heroes of CamelotiOS & AndroidKabamYes2013/06/27Date for beta release
53.Runes of WariOS & AndroidKabamYes2013/08/26Date is for beta release
54.Eternal Uprising: End of DaysiOS & AndroidKabamNo2013/09/232014
55.Blast Zone!iOSKabamNo2013/10/082014/08/28Date is for beta release
56.Blood CrownWebKabamNo2013/122014/08/05[50]
57.Wartune: Hall of HeroesiOS & AndroidKabamYes2014/03/06
58.Angel AllianceWebKabamYes2014/03/11Date is for beta release
59.Ravenmarch: Empire in FlamesFacebookKabamNo2014/04/042016/02/16[51]Then supported by 37GAMES by June 1, 2015,[52] but game suffers from long periods of broken Facebook login
60.Spirit Lords (Spirit Storm)iOS & AndroidKabamYes2014/05/07
61.Divine MightiOS & AndroidKabamYes2014/05/09Date for beta release
62.Blades of ExcaliburFacebook & WebKabamNo2014/06/042015/04[53]
63.The Lord of the Rings: Legends of Middle-earthiOS & AndroidKabamYes2014/09/18Date for beta release
64.Metal SkiesiOS & AndroidKabamNo2014/08/052015/03/06[54]Date for beta release
65.Marvel: Contest of ChampionsiOS & AndroidKabamYes2014/10/02Date for beta release
66.The Hunger Games: Panem RisingiOS & AndroidKabamNo2014/10/102016/03/10Date is for beta release
67.Creature AcademyiOS & AndroidKabamNo2014/10/292015/04/10[55]Date for beta release
68.Fast & Furious: LegacyiOS & AndroidKabamNo2015/01/232017/01/19 Date for beta release
69.Star Wars: UprisingiOS & AndroidKabamNo2015/07/082016/11/17 Date for beta release / Date for planned server shutdown
70.MARVEL UnitediOS & AndroidKabamNo2015/07/092016/01/03[56]Date for beta release, Android beta only available in Denmark and Sweden[57]
71.Transformers: Forged to FightiOS & AndroidKabamYes2016/12/052023/01/13[58]Date is for beta release. After its initial shutdown, the game was again made available to Netflix members as of 2023/05/10[59]
72.Shop TitansiOS & Android & Steam & Epic GamesKabamYes2019/03/04
73.Marvel Realm of ChampionsiOS & AndroidKabamNo2020/08/172022/03/21[20]Date is for beta release
74.Disney MirrorverseiOS & AndroidKabamYes2022/06/23

Games developed by 3rd parties and distributed by Kabam
Champion gamers forum
Title Platform Original Developer Available to Play Release Date Shutdown Date Notes
01.Ministry of WarKongregate, WebSnailGamesYes2010/082014/02/28[60]
02.GeomoniOSEsperCorp, Loki StudiosNo2010/10/012013/04/17
03.NadirimWebDigital Reality, Twisted Tribe Ltd.No2010/12/082013/06/30[61]Date is for beta release
04.Dungeon OverlordFacebook, Kongregate, WebNightowl GamesYes20112014/02/28[60]
05.Shadowland OnlineWebZQGameYes2011/08/082016/02/16[51]Date is for beta release
06.CastlotWebPower Hosts TechnologyYes2011/092016/01/27[62]Date is for beta release
07.Book of HeroesiOS & AndroidVenan GamesYes2011/12/01
08.Clash Of the DragonsKongregate, Web5th Planet GamesNo2011/122014/10/30[63]
09.BloodRealmKongregate, Facebook, Steam, iOS, Android & WebRedPoint Labs & Making Fun, Inc.Yes2012/042014/09/11[64]Date is for beta release
10.Rise of the WarriorsiOSThe Monkey Twins StudiosYes2012/06/282013
11.Age of ChaosiOSLVL6No2012/08/052013
12.My Singing MonstersAndroid, iOS & WebBig Blue BubbleYes2012/09/042013/02
13.Wrath of OlympusiOSChocobotsgames, mekalaboNo2012/12/072014
14.Reign of ConquerorsiOS & AndroidMinoraxisYes2012/12/192014Date is for beta release
15.Invincible ArmadaFacebookNeowiz GamesNo2012/12/202014/02/28[60]
16.Kings of the RealmWeb, iOS & AndroidDigitGame StudiosYes2013/04/122016/01/27[62]Kabam published mobile versions of the game on September 2, 2014, but the different versions were never cross-platform compatible. The mobile versions stopped working by January 2015 and Kabam forum support ended on February 9, 2015.[65]
17.Puzzle TrooperiOS & AndroidgumiYes2013/06/212014/04/30Date is for beta release
18.MoonriseSteam, iOSUndead Labs, KabamNo2014/12/032015/12/31[66]After limited releases in Canada,[67] Denmark and Sweden,[68] a beta was launched on Steam in early March[69] with Early Access on May 27[70] before Jeff Strain, founder of Undead Labs, announced the game's closure.[66] Android and iOS were the original planned platforms for the worldwide release, but the Android version was never released as the game closed while in beta.
19.Slot GalaxyFacebookGalaxy Star EntertainmentYes2012/03/232013
20.Slots TycooniOSZipline GamesYes2012/05/232013
21.Slot Galaxy HD Slot MachinesAndroidTap SlotsYes2012/12/162013
22.Texas Hold'em PokerWebYes ?2013
23.Galaxy Online 2Facebook, WebI Got GamesYes20102016/02/16[51]
24.Wings of DestinyFacebook, WebI Got GamesYes2012/09/132016/02/16[51]
25.Call of GodsKongregate, WebBiyojoy Network TechnologyYes20102016/02/16[51]
26.Glory of GodsKongregate, WebBiyojoy Network TechnologyYes2012/12/032014/02/28[60]
27.Pirates: Tides of FortuneWebPlariumYes2012/01/12
28.Stormfall: Age of WarFacebook, WebPlariumYes2012/11/01
29.Crystal SagaKongregate, WebReality Squared GamesYes2011/082016/02/12[71]All players who filed a ticket to reality squared games got their characters transferred to r2games.com under one of their servers
30.YitienWebReality Squared GamesYes2013/04/092016/02/12[71]Date is for beta release
31.Demon Slayer (Wartune)Facebook, WebReality Squared GamesYes2012/08/13
32.WartuneFacebook, WebReality Squared GamesYes2012/08/13Yahoo! version of the game was shut down on March 31, 2014, and progress transfer to other versions of the game was not possible.[72]

Notes: Release date denotes when a game is first available to play, including closed and open beta releases. For games that are developed by other studios and distributed by Kabam, the shutdown date is when Kabam discontinued their support of the games. Those games may still be distributed by other publishers, or available to play on servers hosted by companies other than Kabam.

References
  1. "Playdom Reaches Out to Strategy Gamers with Verdonia". Inside Social Games. June 16, 2010.
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  3. "Sports fantasty social startup Watercooler raises $5.5M". San Jose Business Journal. October 26, 2009.
  4. "Watercooler raises $5.5M to expand social fantasy sports game business". VentureBeat. October 25, 2009.
  5. "Kingdoms of Camelot – Web Games – IGN". Ca.ign.com. 2010-04-16. Retrieved 2015-06-12.
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  27. "Kabam Expands Global Studios, Acquires Exploding Barrel Games". Archived from the original on 2013-07-13.
  28. "Kabam expands into role-playing games with acquisition of Castle Age maker".
  29. "Kabam acquires two mobile game studios as it gathers more top talent".
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  33. "Sweet World: Tips & Cheats: Sweet World is playable until Jan 31 then it is going off line". Gamersunite.coolchaser.com. 2011-01-18. Retrieved 2015-06-12.
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  72. "Wartune Yahoo! Shutdown". Community.kabam.com. 2014-03-07. Retrieved 2015-06-14.
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