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TamatemGames raises $11M Series B led by PUBG maker Krafton – FiratNews

TamatemGames raises $11M Series B led by PUBG maker Krafton – TechCrunch

Tamatem team 2020

Jordan-based cellular sport writer TamatemGames introduced at the moment it has raised $11 million in a Collection B led by KRAFTON, a South Korean sport developer behind PUBG, marking its first funding within the Center East and North Africa (MENA). Enterprise Souq, Endeavor Catalyst and present traders additionally participated within the spherical. 

The Collection B spherical brings its whole raised to over $17 million and values TamatemGames at round $80 million, Hussam Hammo, CEO and founding father of Tamatem Video games advised FiratNews. 

Tamatem publishes video games related to Arabic customers and customizes its video games to suit the tradition.  

“The customers have to really feel that the sport was made for them, not simply translated from one language to a different. Tamatem makes the video games culturally related to the end-users,” mentioned Hammo. “The demand for relatable and gratifying cellular video games is larger than ever and our mission is to offer our area with one of the best gaming expertise doable.”

Tamatem will use the most recent funding to amplify its efforts by bringing varied video games with extra widespread titles to the Arabic-speaking market. The startup will rent native skills in Saudi Arabia to develop additional. The gaming business is booming in Saudi Arabia, with about 70% of Tamatem’s customers, Hammo famous. 

“Massive issues are occurring for the cellular video games business within the area. We’re reaping the rewards of our previous successes and pushing ahead with extra expertise and extra grit. We’re on the tip of the iceberg on the subject of the huge potential of cellular video games in MENA, and I’m at all times tremendous elevated when extra folks put money into the business and the area,” Hammo mentioned. 

The startup additionally plans to launch a gaming academy to coach, educate, and elevate employment within the business in pursuit of pushing the market’s progress and maturity. 

It has revealed over 50 video games since 2013, together with its 4 fundamental video games: VIP Baloot, VIP Jalsat, Trend Queen, and Conflict of Empire. Tamatem has over 120 million downloads throughout its portfolio and three.5 million day by day lively customers on its high video games. 

The corporate has 75 workers, planning on doubling in dimension within the subsequent six months, Hammo famous. 

Tamatem plans to proceed increasing globally and hiring every kind of skills from all around the world. 

“We’ve workers within the U.S., India, Egypt, Saudi Arabia, Germany, Hungary, and Jordan. We opened an workplace in Saudi and Egypt final 12 months and planning to open extra regional workplaces in several nations,” Hammo mentioned.

“We see big potential within the MENA area and are glad to have began our funding journey right here with a prolific writer like Tamatem. We’re dedicated to the MENA area and prepared to take extra bets within the general media and leisure sector. This funding is aligned with our efforts to strengthen our dedication to the startup ecosystem. That is just the start of our many investments on this area,” Mentioned Anuj Tandon, Head of company improvement (India and MENA) at KRAFTON. “As we proceed our focus to offer one of the best expertise for our MENA customers of our varied video games together with PUBG: NEW STATE, Tamatem’s deep understanding of the native panorama and this collaboration shall be very useful.” 

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