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December 20, 2011 08:58 pm GMT
Gaming hardware company Razer has been on our radar for quite a long time: they've made high-end gaming peripherals like mice and keyboards for years, and have recently expanded into more esoteric devices and game-specific partnerships. They've been running under their own steam this whole time as what's called a "successful business," but they've decided to take a big funding round to expand their reach.IDG-Accel, specifically their joint China Capital Fund, has chipped in to the tune of $50 million, a minority investment that allows the fund to join the board at Razer, and allows Razer to expand further into the whole-systems business, something that requires considerably more R&D and space to manage.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/05O7cxl6Tpk/
Razer Pulls In $50 Million In Capital From IDG And Accel
Gaming hardware company Razer has been on our radar for quite a long time: they've made high-end gaming peripherals like mice and keyboards for years, and have recently expanded into more esoteric devices and game-specific partnerships. They've been running under their own steam this whole time as what's called a "successful business," but they've decided to take a big funding round to expand their reach.IDG-Accel, specifically their joint China Capital Fund, has chipped in to the tune of $50 million, a minority investment that allows the fund to join the board at Razer, and allows Razer to expand further into the whole-systems business, something that requires considerably more R&D and space to manage.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/05O7cxl6Tpk/
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