SAN FRANCISCO--(BUSINESS WIRE)--Cmune, the developer of Facebook’s leading 3D shooter UberStrike, today announced a new round of funding from DCM - a leading venture capital firm based in Menlo Park, Beijing, and Tokyo - via its Android-focused A-Fund. With over 10 million registered players and 1.2 million Facebook fans, Cmune’s UberStrike has dominated the first-person shooter genre on Facebook for over two years.
“In the past, the console and PC platforms have given rise to highly successful billion dollar shooter franchises. However, even though there are more tablets in the market than gaming consoles, we have yet to see a breakout success story on mobile. As the leader in the shooter category on social platforms, we see a huge opportunity,” says Ludovic Bodin, CEO of Cmune. “Teaming up with DCM’s A-Fund helps us transfer our success on social to tablets and smartphones.”
“Following UberStrike’s massive success on Facebook and the Mac App Store, we look forward to helping them expand to new platforms and geographies to build the next billion dollar gaming brand for action games,” said Pete Moran, General Partner at DCM. “The match with DCM’s A-Fund is perfect.”
UberStrike‘s Mac App Store launch over a year ago gathered over a million downloads. The ownership of tablets passed gaming consoles in 2012 and is expected to grow to 282.7 million units by 2016, according to market intelligence firm IDC.
“We think social and mobile platforms could use a big shot of adrenaline. If the market’s response to our game on Facebook and Mac is any indication, our tablet version’s success should be tremendous ” said Shaun Lelacheur Sales, CTO of Cmune.
About Cmune
Cmune is the leading developer and publisher of real-time 3D social games. Its first title UberStrike is the largest shooter on Facebook, and is available on Mac, UberStrike.com, and preparing its official iPad and Android launch. Cmune was founded in 2007 and has offices in Beijing, Berlin and representation in San Francisco. Cmune received funding from Atomico, the investment firm of Skype’s founders, DCM, a prominent early stage venture capital firm, and a group of angel investors in the US and Asia. For more information about Cmune, visit http://www.Cmune.com or join over 1.2 million fans on UberStrike’s Facebook Fan page at http://facebook.com/uberstrike.
About DCM
DCM is an early stage venture capital firm based in Silicon Valley, Beijing and Tokyo with more than $2 billion under management. DCM has investments in more than 200 technology companies across the United States and Asia and provides hands-on operational guidance and a global network of business and financial resources. DCM has backed industry-leading companies such as 51job, About.com, Clearwire, eDreams, Foundry Networks, Kabu.com, Sling Media, SMIC, and VanceInfo as well as upcoming startups such as 58.com, Bill.com, Bridgelux, Kakao, Happy Elements, and Trion Worlds. Recent successes (IPOs and M&As) include China-based Renren, BitAuto, Dangdang, Luxin and Vipshop; Japan-based Pokelabo (GREE) and StarFlyer and U.S.-based Fortinet, PGP (Symantec) and SandForce (LSI.)
About the A-Fund
The A-Fund is a strategic investment initiative managed by DCM seeking to invest in the most promising companies taking advantage of opportunities made possible by the rapidly growing and open Android ecosystem. Investment areas include apps, hardware devices, services, and enabling technologies. Funding and strategic support come from GREE Inc., Japan's largest mobile gaming social network, KDDI Corporation, Japan's second largest mobile operator, Tencent - China's largest integrated Internet services company, NHN - Korea's largest Internet media and entertainment conglomerate, and GMO - Japan's leading hosting and payments company.
Sources:
IDC, http://rcpmag.com/articles/2012/12/06/idc-2016-tablets-forecast.aspx
ITCandor, http://itcandor.net/2012/05/14/gaming-console-q112/