Razer has announced that they have acquired US$50 million in their first venture capital round, led by IDG-Accel China Capital Fund (“IDG-Accel”), one of the leading global investment funds in the world with IDG and Accel Partners as its strategic partners.
“We took a long time raising our first VC round as games like Battlefield 3 kept us pretty busy recently,” said Min-Liang Tan, co-founder and CEO of Razer. “More importantly, we took our time selecting an institutional investor as we wanted to find a partner that understood our commitment to gaming and our no-compromise attitude to designing products. Plus these guys didn’t freak out when we disappeared for a week in the middle of the deal when Skyrim launched.”
