Riot Games is a global company that develops online games.
Riot Games is a global company that develops online games. The company was founded by a couple of entrepreneurial gamers who believe player-focused game development can result in better quality games. In 2009, Riot Games released its debut title, League of Legends, a game played by over 67 million users every month.
Riot Games was placed third on the Great Place to Work’s 2013 Best Medium Workplaces list and ranked fourth place in the "25 Best Companies to Work for in Technology" list, an accolade based on Glassdoor reviews of Riot by Rioters.
Riot Games was founded by Marc Merrill and Brandon Beck in March 2007 and is headquartered in Culver City, California.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 31, 2018 | Series Unknown | $6M | — | — | — | Detail |
Nov 14, 2016 | Convertable Note | — | 1 | — | — | Detail |
Sep 9, 2009 | Series B | $8M | 3 |
Benchmark
FirstMark Tencent |
— | Detail |
Jul 10, 2008 | Series Unknown | $7M | 2 |
Benchmark
FirstMark |
— | Detail |
Dec 18, 2006 | Series A | — | — | — | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Aug 22, 2022
Stratosphere Games
|
Series Unknown | — | MMO Games | Yes |
Mar 21, 2022
GGWP
|
Seed | $12M | Gaming | — |
Mar 14, 2022
Fortiche Production
|
Corporate Round | — | 3D Technology | Yes |
Jan 25, 2022
Frost Giant Studios
|
Series A | $25M | — | |
Jan 19, 2022
Carry1st
|
Series A | $20M | Gaming | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Benchmark | Yes | Series B |
FirstMark | Yes | Series B |
Tencent | Yes | Series B |
HAX | — | Convertable Note |
Riot Games has had 3 exits. Riot Games most notable exits include Hypixel Studio , Curse
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Apr 16, 2020 | Hypixel Studio | M&A | Mobile Apps | Detail |
Dec 13, 2018 | Curse | M&A | Digital Media | Detail |
Nov 6, 2018 | Blitz App | M&A | Apps | Detail |
Riot Games has acquired 4 organizations. Their most recent acquisition was Radiant Entertainment on Mar 8, 2016. They acquired Radiant Entertainment for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Mar 8, 2016
Radiant Entertainment
|
Developer Platform | acquisition | — | Detail |
Apr 16, 2020
Hypixel Studio
|
Mobile Apps | acquisition | — | Detail |
Oct 14, 2021
Kanga
|
Gamification | acquisition | — | Detail |
Oct 17, 2022
Wargaming Sydney Studio
|
Gamification | acquisition | — | Detail |