Riot Games

About

Riot Games is a global company that develops online games.

Los Angeles,California,United States
1001 - 5000
http://www.riotgames.com

Highlights

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
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	—

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
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