socalTECH

JUNE 14, 2019

In more bad news for Los Angeles-based videogame maker Riot Games , the company is now facing an investigation by California officials , over its refusal to provide information on its pay practices.

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socalTECH

APRIL 16, 2020

Los Angeles-based Riot Games , which publishes League of Legends, said on Thursday that it has acquired Hypixel Studios , the developer of Hytale , a block-based game which combines a Minecraft-like environment with roleplaying elements. Financial terms of the acquisition were not announced. READ MORE>>.

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socalTECH

NOVEMBER 7, 2018

Los Angeles-based videogame maker Riot Games has been sued by a number of current and former employees, over gender discrimination , alleging that the company has stifled the promotions and pay of female employees. The suit seeks compensation on unpaid wages, damages, and other penalties.

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socalTECH

SEPTEMBER 9, 2009

Los Angeles-based Riot Games , a developer of online video games, announced today that it has raised a new, $8M round of financing. Riot Games develops online games which are free to play, which use virtual items for monetizing those games. READ MORE>>.

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socalTECH

MARCH 17, 2021

Los Angeles-based videogame developer Riot Games said on Tuesday that a special committee has cleared its CEO, Nicolo Laurent, of alleged misconduct. Riot Games said that it hired an outside law firm, Seyfarth Shaw LLP, to investigation the allegations.

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socalTECH

AUGUST 23, 2019

Los Angeles-based Riot Games said on Thursday that it has settled a class action lawsuit, which had alleged that the company had a sexist corporate culture. The allegations of a sexist culture at Riot first came to light from an article in Kotaku last year. READ MORE>>.

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L.A. Business Journal

JUNE 26, 2019

West Los Angeles-based game developer Riot Games Inc. responded today to a June 12 announcement from the California Department of Fair Employment and Housing that it was opening an investigation into the company's management practices.

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socalTECH

MAY 23, 2019

Los Angeles-based videogame publisher Riot Games has created a brand new organization to govern college esports, called the Riot Scholastic Association of America (RSAA). According to Riot Games, the new organization will be the governing body for Riot's college and high school esports activity.

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socalTECH

JANUARY 15, 2019

Los Angeles-based videogame maker Riot Games has updated its company values , in the wake of a number of lawsuits over discrimination and sexual harassment. The company--which had been accused of fostering a sexist culture at the company--apparently is hoping to transform the culture at the company. READ MORE>>.

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socalTECH

MARCH 9, 2016

Los Angeles-based Riot Games has acquired videogame developer Radiant Entertainment , the two companies said today. Radiant Games had been working on its first title, Stonehearth, a town building simulation game played with friends. Financial terms of the acquisition were not disclosed.

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socalTECH

JUNE 8, 2020

Los Angeles-based Riot Games is looking to help patch up rocky race relationships in the United States, saying over the weekend that it will invest $10M in minority-owned game studios, in addition to providing $1M to the Innocence Project and the ACLU (American Civil Liberties Union), via is Social Impact Fund.

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socalTECH

MAY 7, 2019

At least a hundred employees of Los Angeles-based videogame maker Riot Games staged a walkout and protest on Monday, over the company's aggressive use of forced arbitration to settle sexual harassment lawsuits at the company, ">demanding that the company end forced arbitration for all past, current, and future riot employees including contractors and (..)

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socalTECH

NOVEMBER 18, 2011

Los Angeles-based Riot Games , which develops online video games aimed at hard core gamers, said today that its title, League of Legends , has reached 11.5 million monthly active players, with over 30 million registered players on the game. Riot said the numbers are double what they were in July.

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socalTECH

APRIL 12, 2011

Derek Norton is head of Los Angeles-based Watertower Group (www.watertowergroup.com), a firm which helps companies raise funding, one of the rare companies which has a track record and good reputation helping companies with fundraising, and also runs its own investment fund. Those are two big gaming companies.

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socalTECH

MAY 29, 2014

Los Angeles-based Nix Hydra , a startup video game development company led by Lina Chen and Naomi Ladizinsky, said this morning that it has raised $5M in a Series A funding. The funding came from the Foundry Group, as well as angel investor Mike Lazerow. women eggbaby capital venture game video videogame hydra'

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socalTECH

JANUARY 15, 2014

in seed funding from Deep Fork Capital, William Morris Endeavor, former Riot Games Chairman Jarl Mohn, Dennis Phelps (IVP), Social Starts, BDC Ventures, and Keith Boesky. The company--now based in Vancouver, BC--helps organizers of professional video game tournaments and leagues. The company is led by Jason Xu.

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socalTECH

FEBRUARY 7, 2012

Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. Among other major 2011 exits listed were Riot Games ($400 million) and HauteLook ($270 million). The exit was the eighth highest in the database, according to Ocean Road Partners. billion in liquidity was generated in the sector.

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socalTECH

JUNE 16, 2011

Los Angeles-based Gamzee , a developer of HTML5 and mobile/social games, announced Thursday that it has raised $1M in a seed round of funding.

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socalTECH

DECEMBER 4, 2019

Los Angeles-based videogame developer Riot Games has agreed to pay at least $10M to settle a gender discrimination, class action lawsuit, which had been filed in November of 2018. Riot Games had already announced it had reached the settlement in August, but had not detailed the financial arrangement of that settlment.

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socalTECH

APRIL 30, 2018

Los Angeles-based NI0 , a new startup in the sports and nutrition vertical, is gearing up for launch, backed by $500,000 in seed funding from a number of tech investors. Riot Games). The startup is aiming at the athletic training and recovery market, with a new sports tape which incorporates supplements. READ MORE>>.

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socalTECH

JUNE 25, 2020

Los Angeles-based Treehouse Games , a developer of cooperative games aimed at helping friends spend time together, has raised $2.6M Treehouse Games was founded by former Riot Games employee Michael Chu, and Ryan Sullivan. Chu previously was a product lead at Riot Games.

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TechCrunch LA

MARCH 11, 2020

. “ In the game world, because of the necessity to build multiplayer, the length to launch a game has gotten way, way, way, way longer. Games are taking five to 10 years to launch out of beta,” Chen said. . The company raised $4.2

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SoCal Tech Calendar

JANUARY 20, 2013

Saturday, January 26, 2013 -- Intro to the Los Angeles Startup Community. This free class is an orientation to help newcomers to the startup scene get acquainted with the exciting world of tech in Los Angeles. Sam Teller, Managing Director, Launchpad LA. See [link] (more)

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Both Sides of the Table

FEBRUARY 15, 2017

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. https://medium.com/media/d9fa90bfcfd8c4a9fdce54b16c47e2e8/href In addition to all the great companies being created here another often overlooked feature of Los Angeles is just how many great VC funds have been formed here in the past decade.

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socalTECH

MARCH 8, 2021

Los Angeles- and Seattle-based Theorycraft Games, founded by veterans of Riot Games, has raised $37.5M The funding was led by NetEase, and also included NEA, Bitkraft Ventures, Griffin Gaming Partners, Sisu Game Ventures, as well as angels. in a funding round, according to the company.

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Both Sides of the Table

MARCH 6, 2017

He was running to be the 42nd mayor of Los Angeles and he outlined his vision to “open up the city government to technology and innovation” if he were elected. Snap, Riot Games, Tinder, SpaceX and on and on — these are great things for LA as is every new VC fund launching in LA to create the next big innovation.

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Riot Games Los Angeles Technical Review Venture Capital 191

socalTECH

MAY 2, 2017

Los Angeles-based venture investor March Capital Partners is the lead investor in video game developer Wavedash Games , which announced a $6M Series A funding round on Tuesday morning. According to Wavedash, the new funding will go to grow its team and complete the development of its game, Platform Fighter.

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socalTECH

OCTOBER 20, 2021

A new, early-stage venture firm, Patron--which has one of its General Partners based in Los Angeles--said on Tuesday that it has raised $90M in a new venture capital fund. Yeh and Cho said that they have served across such companies as Riot Games, FirstMark Capital, and Andreessen Horowitz. Yeh is based in Los Angeles.

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SoCal Tech Calendar

NOVEMBER 26, 2012

Saturday, December 1, 2012 -- Intro to the Los Angeles Startup Community. This free class is an orientation to help newcomers to the startup scene get acquainted with the exciting world of tech in Los Angeles. General Assembly. Sam Teller, Managing Director, Launchpad LA. See [link] (more)

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Riot Games Startup Class Incubator 113

Both Sides of the Table

MAY 10, 2014

EVP of MTV, President of Liberty Digital and on the boards of CNET, Scripps, comScore, Riot Games and Rubicon Project to name a few. For those in the know, Jarl has been a savvy angel investor and a mentor to many young tech founders (and a few of us VCs as well). I’m 10% sorry to see Jarl spend less time in Los Angeles.

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socalTECH

SEPTEMBER 27, 2021

Los Angeles-based employee wellness and artificial intelligence (AI) software developer Three Good announced that it has raised a seed funding round. The company says it is raising $2.5M in that funding. The company says it is using both artificial intelligence and traditional psychology to help companies beat employee burnout.

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socalTECH

SEPTEMBER 13, 2018

Los Angeles-based Singularity 6 , a new game studio founded by Riot Games' veterans Aidan Karabaich and Anthony Leung, has raised $2.5M The firm did not announced what it is working on, only that it is creating "online games can deliver deeper, more meaningful experiences."

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SoCal Tech Calendar

OCTOBER 10, 2012

This free class is an orientation to help newcomers to the startup scene get acquainted with the exciting world of tech in Los Angeles. We will canvas key events/meetups to attend, people, companies, VCs, blogs, hot issues, and more.

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Riot Games Startup Class Incubator 113

socalTECH

AUGUST 13, 2019

Los Angeles-based Singularity 6 , a developer of online games, has raised $16.5M Leung and co-founder Aidan Karabaich were both formerly at Riot Games. in a Series A funding round, the company said this morning. READ MORE>>.

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socalTECH

OCTOBER 1, 2021

Los Angeles-based employee wellness and artificial intelligence (AI) software developer Three Good announced that it has raised a seed funding round. The company says it has raised $700K in that pre-funding. The company says it is using both artificial intelligence and traditional psychology to help companies beat employee burnout.

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socalTECH

DECEMBER 30, 2016

Today's contribution is from Michael Root , the new CTO of DogVacay (www.dogvacay.com)--but longtime Los Angeles tech vet, having most recently been at Riot Games. Michael Root is a 30 year veteran of the Los Angeles Tech Industry. CTO of DogVacay and was previous Director of Engineering of Riot Games.

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Riot Games Southern California News Los Angeles 133

socalTECH

MARCH 1, 2017

The Foundation said it already has been organizing roundtables and dinners with executives from tech companies like Snap, Riot Games, Mitu, Omaze, Headspace, as well as local venture capital firms, to help engage them with the nonprofit company and help educate them on issues facing Los Angeles.

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