Today is a big day for Y Combinator graduate Kamcord, after the San Francisco-based startup announced a $10 million Series C round led by Time Warner, and a move that expands its streaming focus from mobile games to any app.
Kamcord last raised money in December 2014 when it scored $15 million from Chinese Internet giant Tencent, billion-dollar Japanese gaming firm GungHo and others. Kamcord co-founder Adi Rathnam told TechCrunch that the entire round was still in the bank when Time Warner approached the startup, and the timing was right because it had just begun early talks about raising again.
Alongside Time Warner, existing backers Tencent, TransLink Capital, XG Ventures, Plug & Play Ventures and Wargaming participated in the round, which values the four-year-old company at more than $100 million.