Riot Games Raises $8M, Goes After China Gaming Market
Riot Games is planning to launch a new game in October, called League of Legends, that combines hardcore gaming with casual online features. Today, the company announced that it has raised $8 million from leading Chinese social media company Tencent and existing investors Benchmark Capital and FirstMark Capital.
In Legends, players are “summoners” — wizards that summon “champions” to fight each other in battle. You can have up to six people per team, earn skill that you can carry across battles.
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