Riot investment in Curse worth $30m

The amount of money League of Legends firm Riot put behind games media giant Curse has been revealed to be a hefty $30m.

That’s according to the Los Angeles Times, who reports that the exact amount was revealed in a Securities and Exchange Commission filing on Tuesday.

This follows the $16m in funding Curse raised last year – $10m came from GGV Capital, while Multiplier Capital put forward $6m.

Speaking to the LA Times, a Riot spokesperson said the firm is making the investment to promote technology development at Curse – namely its Curse Voice communication tech.

Riot really believes in what we’re doing and where we’re going,” Curse CEO Hubert Thieblot said. This investment boosts our efforts to continue creating what I believe to be the best communication tool in gaming.

In the last year, we’ve seen the size of Curse Voice grow from nothing to over 1m active players. We’ve added support for most of the top 200 games in the world and are deeply integrated with some of the most popular games our players play.

This is, of course, exciting and positive news for us. We’ve known Riot for a long time, and know that Riot, like us, cares very deeply about the core gamer. I’m excited and confident that this will be good for Curse and for the millions of players we serve via Curse Voice.”

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