Google Ventures is reported to have been one of the buyers behind $38.5m secondary offering to Kabam employee shareholders.
Google Ventures, the corporate venturing arm of search firm Google, is reported to have been one of the investors behind the recent secondary offering to employee shareholders of the US-based game publisher Kabam.
A group of unnamed investors made the secondary offering in July 2013, to buy $38.5m of stock in a deal valuing Kabam at $700m.
Joe Kraus, general partner of Google Ventures, is quoted as saying that Kabam had “successfully made the transition to mobile at a time…
