Razer Pulls In $50 Million In Capital From IDG And Accel (crunchgear?)
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.
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