This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Los Angeles-based RiotGames , the online videogame developer headed by Brandon Beck, said late Friday that Tencent Holdings has acquired a majority stake in the company. The firms said that RiotGames will continue to maintain its headquarters in Los Angeles, and has plans to "hire aggressively" in 2011. READ MORE>>.
Los Angeles-based RiotGames , a venture backed developer of online games, said Wednesday that it has added Jarl Mohn to its board of directors. RiotGames is backed by online Chinese services firm Tencent, Firstmark Capital, Benchmark Capital, as well as angels Mitch Lasky and Rick Heitzmann.
Los Angeles-based RiotGames , a developer of online video games, announced today that it has raised a new, $8M round of financing. The round came from Benchmark Capital, FirstMark Capital, and Chinese online services firm Tencent. READ MORE>>.
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. The funding round also included Lowercase Capital, Advancit Capital, CourtsideVC, Machine Shop Ventures, Luma Labs, and Cherrytree VC.
Watertower has been involved in a number of high visibility exits and fundings in recent months, including RiotGames (rumored to be $400M+), Machinima, and ExtendMedia. I think you know RiotGames, where we put together their first institutional money. Those are two big gaming companies.
The company says the new round brings its total raised to $5.6M, including an earlier angel round from such investors as Matt Britton (MRY), Vinny Linghma (Gyft), and Brad Schwartz (RiotGames). women eggbaby capital venture game video videogame hydra' READ MORE>>.
in seed funding from Deep Fork Capital, William Morris Endeavor, former RiotGames 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.
Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. Among other major 2011 exits listed were RiotGames ($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.
how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? Capital is a lot less patient at scale. Of course we can’t. dot-com bonanza.
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. Paul Ksller of Bristol Investment Fund joins the firm's board as part of the funding.
It’s hard to remember that in 2012 it was still hard for LA VCs to persuade investors into funds that LA was a viable market for great venture capital funds or convince many VCs that LA was a market worth investing dollars into startups. They always ask whether I see this as threatening as Upfront Ventures. Are you kidding me?
. “ 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
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 RiotGames, FirstMark Capital, and Andreessen Horowitz.
Treehouse Games was founded by former RiotGames employee Michael Chu, and Ryan Sullivan. Chu previously was a product lead at RiotGames. The company said it was founded in the conviction that "games have the power to deepen and improve friendships".
Not just Tinder, Dollar Shave Club, RiotGames, CornerStone OnDemand and the companies you’ve heard of but there are large successes that are less well known but now very large startups businesses like Ring, Zip Recruiter, GumGum, Laurel & Wolf and too many other great companies to mention. Don’t we know it.
Los Angeles- and Seattle-based Theorycraft Games, founded by veterans of RiotGames, 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.
According to Spyke, it raised $55M in its seed funding round from Griffin Gaming Partners. Spyke's team comes from Peak Games, Zynga and RiotGames. The company's CEO, Rina Onur Sirinoglu, was the founder of a mobile gaming firm, Peak Games, which Zynga acquired for $1.8 billion back in 2020.
Los Angeles-based Singularity 6 , a new game studio founded by RiotGames' 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." The funding came from London Venture Partners.
According to the company, notable pre-seed investors and partners include impact investor Pete De Mare and Guitar Hero founder Charles Huang and industry leaders from Cisco, Dell, RiotGames, and HTC. The company says it is using both artificial intelligence and traditional psychology to help companies beat employee burnout.
Anthony Leung, the CEO and co-founder of Singularity 6 said in a statement that the company was created because "games are significant on a personal level, they are more than mere entertainment, but rather a path to community, friendships and a real sense of belonging." Leung and co-founder Aidan Karabaich were both formerly at RiotGames.
According to the company, notable pre-seed investors and partners include impact investor Pete De Mare and Guitar Hero founder Charles Huang and industry leaders from Cisco, Dell, RiotGames, and HTC. The company says it is using both artificial intelligence and traditional psychology to help companies beat employee burnout.
The Foundation said it already has been organizing roundtables and dinners with executives from tech companies like Snap, RiotGames, 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.
To get some insight into the growing world and business of e-sports, we caught up with Clinton Foy , a local venture capital investor at Crosscut Ventures in Los Angeles. It's super interesting, in particular, for Southern California, where Blizzard and RiotGames have been really helping to lead that charge, both locally and internationally.
In all of the usual chatter about LA’s great ascendency people love to mention Snap, Tinder, RiotGames, SpaceX and other well-know startup success. I think Ring hasn’t been mentioned as readily because people didn’t understand how large and pervasive they have become.
Venture Capital is a Long Term Game. IPOs for Uber, Lyft, AirBnB and other high flying startups will infuse the tech ecosystem with more entrepreneurs, founders, and capital to catalyze a new generation of startups. What was the biggest lesson you learned this year?
If you believe that more great firms will be created out of the successes of RiotGames, Maker Studios, Snapchat, Tinder, Dollar Shave Club and all the other wealth creation activities over the past 5 years — then you have to believe that LA Tech is on the rise and LA Venture Capital is well positioned to be a part of that future success story.
Google, Hulu, RiotGames, Demand Media, and many other big name players residing in Silicon Beach, it is no small wonder why many tech startups flock towards the sunny beach-side view. Venture capital is also affected by the fragmented locations of startups in LA. With Yahoo!, Not enough money flows in LA.
We are fortunate to have great new institutional LPs and investors, including foundations and endowments who are well known in the venture capital industry and have backed some great, high quality funds. LA is the epicenter for eSports, and it's the capital for eSports worldwide.
It wasn’t so long ago that venture capital was a suburban California phenomenon. Los Angeles didn’t have much in terms of a real tech scene — and even San Francisco only had a few VCs or tech companies. Now, VC offices have sprung up in San Francisco, moving more of the investment energy up there.
Managing Director of FirstMark Capital, a $2 billion VC fund focusing on investments in the emerging media & advertising and data & analytics sectors. Prior to founding FirstMark Capital, Rick was a Partner with Pequot Ventures. Rick Heitzmann. Click here to Register ).
billion in 2005, and also currently represents Rdio, Beats Electronics, RiotGames, Ad.ly, Redpoint Ventures, and several other prominent private and publicly traded clients. The firm made a name for itself representing Skype from formation in 2003 through its ultimate sale to eBay for $2.6
Managing Director of FirstMark Capital, a $2 billion VC fund focusing on investments in the emerging media & advertising and data & analytics sectors. Prior to founding FirstMark Capital, Rick was a Partner with Pequot Ventures. Rick Heitzmann. Twiistup 007 Showoff's: .
Starting at 21, I worked at a venture capital firm called IncWell based in Birmingham, Michigan then joined a startup called Rocket Fiber. We were focused on internet infrastructure – this is 2015-ish – and I was appointed to lead our strategy in esports.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content