Jason Kincaid currently works as a writer at TechCrunch. He grew up in Danville, California and later moved to Los Angeles in Los Angeles, California, where he studied biology with a minor in "society and genetics". You can contact him at jkincaidtc@gmail.com (it has other addresses too, so don't worry if you have another). ? Read More
Storm8 is going to become even more power in mobile games.
We've been hearing from multiple sources development shop that focuses solely on mobile gaming, it was a massive round in the ballpark of $ 300 million to $ 1 billion valuation. This is not entirely clear who invest, but we're hearing that the deal includes Accel Partners and crossover technology ventures. We have also heard that Zynga bidding hard for the company, but went away after the deal was too rich.
Storm8 is the company behind such hits as World War II and iMobsters, and his TeamLava Studio production hits as restaurant history, history of the farm and a bakery, a history of Fashion Story. Many of the games, hit lists of the best applications for iPhone and Android, and between them, we're hearing company on pace to make $ 100 million in revenue this year. The most amazing part? They did not have any external financing to date.
There's a good chance you haven't heard of Storm8 earlier because the company did not say all that often. But he announced recently that he cracks the cracks revenue of $ 1 million for one day during the campaign, giving the public a taste of just how much money they're pulling in some other key stats: earlier this month, the company announced that it has 210 million hits, 5 billion total sessions and 18 billion minutes played in all of their games.
In view of these statistics is not a huge surprise, today's News is a few weeks ago, inside Mobile Apps reported that the company was "to be, if not actively pursuing a sale", and the funding cycle seemed more likely.
Mobile is ready to be mass market for games and many companies (and their investors) and hoping for the success of the surge way Zynga on Facebook. Andreessen Horowitz recently 18 million dollars in the United States, and Sequoia TinyCo 5 million dollars in the pocket of the precious stones. The massive acquisition of PopCap, EA Mobile focus. Oh, and make no mistake: Zynga has every intention to be "mobile" Zynga himself.
Storm8 is the creator of role-playing games on the iPhone, iPod Touch, and Android. Storm8 is also the parent company of mobile social gaming developer, TeamLava. Each game released ...
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