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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.
Los Angeles-based RiotGames , the online gamedeveloper, said today that its players have raised over $162,000 for victims of the earthquake and tsunami in Japan. RiotGames donated all of its proceeds from player purchases of certain items to the American Red Cross from March 21st to March 27th.
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. READ MORE>>.
Santa Monica-based Esports One , which develops data and analytics software for the esports industry, said on Tuesday that it has partnered with RiotGames. Esports One said it will provide real time stats and data to Riot's League of Legends broadcasts in Brazil. Financial details of the deal were not announced.
Los Angeles-based RiotGames , a venture-backed developer of online video games, announced Tuesday that it is will be releasing its first title--a free, online, multiplayer game called League of Legends. Tags: riotgames league legends content online videogame game. READ MORE>>.
Los Angeles-based RiotGames , 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>>.
Los Angeles-based RiotGames , a developer of online video games, announced today that it has raised a new, $8M round of financing. RiotGamesdevelops online games which are free to play, which use virtual items for monetizing those games. READ MORE>>.
Los Angeles-based videogame developerRiotGames said on Tuesday that a special committee has cleared its CEO, Nicolo Laurent, of alleged misconduct. RiotGames said that it hired an outside law firm, Seyfarth Shaw LLP, to investigation the allegations.
West Los Angeles-based gamedeveloperRiotGames 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.
Los Angeles-based RiotGames 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.
Los Angeles-based RiotGames , 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.
These days, most of the gamesdeveloped need to be social, multi-platform and extensible, but there are only a few developers with the expertise to bring those toolsets to the profusion of new games that crop up every year. In the game industry, a game can stay in beta for years as developers work out the kinks.
Los Angeles-based venture investor March Capital Partners is the lead investor in video gamedeveloper 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.
Santa Monica-based venture investment firm Griffin Gaming Partners is the lead investor in Turkish mobile gamingdeveloper Spyke, Spyke said on monday. 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.
Los Angeles-based Nix Hydra , a startup video gamedevelopment company led by Lina Chen and Naomi Ladizinsky, said this morning that it has raised $5M in a Series A funding. Nix Hydra develops video games aimed at young women, including Egg Baby and Hot Guy Alarm Clock. READ MORE>>.
the Santa Monica–headquartered high school e-sports league developer backed by Santa Monica-based Science Inc. 13 that RiotGames Inc.’s PlayVS Inc., announced Sept. s “League of Legends” will be the title played in the league’s first test season.
Battlefy , a startup developing an online platform for managing e-sports tournaments, leagues, and content--which is a graduate of the Amplify LA accelerator--said this week that it has raised $1.3M
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.
Los Angeles-based videogame developerRiotGames has agreed to pay at least $10M to settle a gender discrimination, class action lawsuit, which had been filed in November of 2018. RiotGames had already announced it had reached the settlement in August, but had not detailed the financial arrangement of that settlment.
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 RiotGames employee Michael Chu, and Ryan Sullivan. Chu previously was a product lead at RiotGames.
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.
Los Angeles-based Singularity 6 , a developer of online games, has raised $16.5M According to Singularity 6, it is looking to deliver a "more meaningful" online game experience. Singularity 6 said the new funding will help it power up its technology and gamedevelopment efforts. READ MORE>>.
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.
Discussion on start up issues including i) team building and recruiting, ii) business plan issues, iii) developing a concise message, iv) building credibility (with customers, partners, employees and early investors), v) getting the business model to work properly, and vi) finally getting funded. See [link] (more).
This second annual fest brings together technology leaders, startup CEOs, investors, Hollywood studio executives, entrepreneurs, developers, students and more to celebrate LA’s dynamic technology industries with panels, workshops, hackathon, mixers, and a start-up showcase spotlighting 40 local startups.
I’d put a note down against their name reminding me of this view they had and then between fund-raising cycles I’d include them on data that we had showing LA’s continued development and growth (including SnapChat, Tinder, Maker Studios, RiotGames and others). This is true for startups, too.
In 1995 he developed with Robert Morris the first web-based application, Viaweb, which was acquired by Yahoo in 1998. Rick has led and sits on the board of 4 FirstMark portfolio companies, including Clickable, Weplay, Live Gamer and RiotGames. Before launching his own publishing venture, Om was a senior writer for Business 2.0
Although Catalyst folded with the dot-com crash, Ries continued his entrepreneurial career as a Senior Software Engineer at There.com, leading efforts in agile software development and user-generated content. . Leila first developed the idea behind Samasource while working as a management consultant at Katzenbach Partners (now Booz & Co.),
Seksom most recently ran Corporate Development & Strategy for Twitter so he knows a thing or two about exits to corporates and whether he funds a startup or not I suspect many will get value from building a relationship with him for his expertise. He also wrote this excellent book on the Venture Capital industry that I highly recommend
. “Let us come together and celebrate…” The mashup theme was reflected in the SBF programming, which included panels highlighting accelerators, VCs, startups, developers, movies, TV, music, web content, art, fashion, social good, surf & skate, and more. To start: Hackathon.
The complete implications of the executive order are unclear, however, Tencent has a large presence and investments across Southern California's the US tech industry, including owning 100 percent of Los Angeles-based RiotGames , 40 percent of Epic Games , 5 percent of Los Angeles-based Activision Blizzard , not to mention having business deals with (..)
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