Wednesday, January 16, 2013

Riot Games

Riot Games the creator of League Of Legends ( LoL ) is an American publisher of games in Santa Monica, California, established in 2006. Riot Games launched the stand-alone title League of Legends as its first title in October 2009.

Riot Games, Inc. was founded in 2006 by administrator gamers, Brandon "Ryze" Beck and Marc "Tryndamere" Merrill, with the goal of being a player-focused game development studio. The company launched its debut title League of Legends in October 2009.On May 1, 2012, Riot Game announced its Season 2 Championship with a $2,000,000 prize pool, the largest in eSports history. Some of their notable employees includes Steve "Guinsoo" Feak, a former developer of the Warcraft III custom map Defense of the Ancients and Steve "Pendragon" Mescon, creator of the Defense of the Ancients fansite, DotA-Allstars.com.Riot Games also employs about a dozen former Blizzard developers, including Tom Cadwell.

Riot Games obtained around 1 million US Dollars from firms to create League of Legends. In later rounds of funding, the company raised $8 million in capital from venture capital firms Benchmark Capital and FirstMark Capital.In early 2011, the Chinese company Tencent Holdings invested in a majority stake in Riot Games valued at $400 million. The deal allowed Riot Games to maintain independent operations and its existing management team.


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