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May 7, 2012 09:12 pm GMT
While it seems like mobile gaming companies are getting acquired left and right this spring, there are still plenty that are staying independent and doing just fine.Storm8, which is totally bootstrapped and was founded by Facebook alums, is one of them. The Redwood Shores-based company is saying that it has passed 300 million downloads and that its network of games reaches 100 million devices. CEO Perry Tam believes this means they reach 1 out of every 5 iOS and Android users (assuming 500 million devices sold or activated to date, which is pretty consistent with the numbers Google and Apple have shared so far). Storm8 declined to share anything about its daily active usage numbers."The company is profitable and we can stand on our own feet and sustain growth," said chief executive Perry Tam in an interview. He plans to double Storm8's headcount to 240 people by year-end.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_7QM_Bdngnk/
The Quiet Mobile Gaming Giant: Storm8 Passes 300M Downloads, Has Reached 100M Unique Devices
While it seems like mobile gaming companies are getting acquired left and right this spring, there are still plenty that are staying independent and doing just fine.Storm8, which is totally bootstrapped and was founded by Facebook alums, is one of them. The Redwood Shores-based company is saying that it has passed 300 million downloads and that its network of games reaches 100 million devices. CEO Perry Tam believes this means they reach 1 out of every 5 iOS and Android users (assuming 500 million devices sold or activated to date, which is pretty consistent with the numbers Google and Apple have shared so far). Storm8 declined to share anything about its daily active usage numbers."The company is profitable and we can stand on our own feet and sustain growth," said chief executive Perry Tam in an interview. He plans to double Storm8's headcount to 240 people by year-end.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_7QM_Bdngnk/
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