US-based gameplay-recording startup Kamcord raises $7.1M to conquer Asia
Mobile gameplay-recording startup Kamcord just secured $7.1 million in a Series A round led by TransLink Capital to expand into Asia. Other investors in the round include DeNa, SV Angel, KLab, M&Y Growth Partners, XG Ventures, and Innovation Works, according to VentureBeat.
The company wants to integrate its gameplay video recording into iOS and Android. The Asian-focused venture capital firm TransLink will pave the way for Kamcord's entry into the giant mobile gaming markets of Japan, China, and South Korea, the report explained.
Kamcord co-founder Aditya Rathnam said: "We're really excited to work with TransLink to help us grow our operation here in the States as well as in Asia, which is a huge market for us. In terms of gaming, [Asia] is bigger than North America and Europe put together, so we're really excited to work with them on this front."
The startup has already made the first steps in improving its software for a better fit for Asian games. One of the added features is the sharing integration with messaging apps Line and WeChat, which are most commonly used for gameplay distribution in Japan and China, VentureBeat reported.