Kamcord's mobile game recording tools attract $7.1M in funding

Newsbrief: The market for mobile game video recording solutions is heating up. While Twitch entered the space earlier this year and Applifier's Everyplay launched on Android earlier this year, rival Kamcord today showed its own hand -- $7.1 million in Series A funding. Kamcord is a set of tools that can be built into your mobile game to allow users to record and share gameplay videos with friends. With this latest round of funding, Kamcord is looking to develop its tools further, and accelerate adoption of the tools in Asia. One Kamcord recording is shared online every two seconds, said the company, while 1 million videos were shared last month. 5 million videos have been shared in total since Kamcord launched in 2012.