Machine Zone is a privately-held, venture capital backed mobile gaming company. The company was formerly known as Addmired Inc. and its popular gaming titles include iMob, iMob 2, Original Gangstaz, Global War, among others. Machine Zone headquarters are located in Palo Alto, California.
Overview & Corporate Organization
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PrivCo Industries (Sector > Industry > Sub-Industry)
|Technology > Software > Gaming & Entertainment Software|
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Charts, Financials, and Statistics (Table Format)
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|*||Machine Zone fiscal year end: 12/31|
Charts, Financials, and Statistics (Graphs)
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|Jan. 2008||View||Seed||Business Incubator / SBDC|
|Details||Total Round Seed View|
|Dec. 2011||View||A||Other Investment Firm|
|Dec. 2011||View||A||Venture Capital|
|Details||Total Round A View|
|Mar. 2012||View||B||Venture Capital|
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Detailed Business Description: Machine Zone
Machine Zone is a venture backed company based in Palo Alto, California. The company was previously known as Addmired Inc. until it was rebranded upon its Series B funding round from Menlo Ventures. Its well known products include games: iMob, iMob 2, Original Gangstaz, Global War, among others.
Machine Zone is a developer of mobile games. The company develops free games and generates revenue through the sale of virtual goods and currency. Users download the games for free and pay for game upgrades. Three of Machine Zone’s signature titles, Original Gangstaz, iMob2, and Global War, have been among the top 50 top-grossing iPhone apps. Machine Zone focuses on developing games with a social media aspect so as to allow the gamer to share news and videos with friends and therefore retain the user for longer periods.
Machine Zone has seen great success with its model that is employed by many other mobile game developers. In early 2012, Machine Zone surpassed the 40… Continue Reading →