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Riot Games

company

About

Riot Games is a global company that develops online games.

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$6M
Industries
Computer,Developer Platform,PC Games,Video Games
Founded date
Jan 1, 2006
Number Of Employee
1001 - 5000
Operating Status
Active
Legal Name
Riot Games, Inc.

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$21M
Riot Games has raised a total of $21M in funding over 2 rounds. Their latest funding was raised on Dec 31, 2018 from a Series Unknown round.
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

Investments

Number of Investments
Number of Lead Investments
23
6
Riot Games has made 23 investments. Their most recent investment was on Aug 22, 2022, when Stratosphere Games raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Series Unknown MMO Games Yes
Mar 21, 2022 GGWP
Seed $12M Gaming
Corporate Round 3D Technology Yes
Series A $25M
Jan 19, 2022 Carry1st
Series A $20M Gaming

Investors

Number of Lead Investors
Number of Investors
5
4
Riot Games is funded by 4 investors. Benchmark and FirstMark are the most recent investors.
Investor Name Lead Investor Funding Round
Benchmark Yes Series B
FirstMark Yes Series B
Tencent Yes Series B
HAX Convertable Note

Employee Profiles

Number of Employee Profiles
55
Riot Games has 55 current employee profiles, including Employee Greg Street
Employee
Employee
Employee
Employee
Employee

Exits

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

Acquisition

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
Developer Platform acquisition Detail
Apr 16, 2020 Hypixel Studio
Mobile Apps acquisition Detail
Oct 14, 2021 Kanga
Gamification acquisition Detail
Gamification acquisition Detail