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Posted 28 February 2012 - 03:33
Hawken wins $10 million from League of Legends backers
Fascinating indie mech shooter Hawken has won $10 million in funding for its creators.
VentureBeat reports the princely sum was ponied up largely by Benchmark Capital and FirstMark Capital.
Both companies threw their financial clout behind a little start up called Riot Games for some obscure little online title called League of Legends. League of Legends now attracts millions of users every day, and Tencent bought Riot Games for $400 million last year.
“We were tremendously thankful to be associated with Riot, but we viewed the market as much bigger than a single title. We think that $8 billion to $10 billion will migrate away from packaged goods games and free-to-play will be a lightning rod for those dollars,” Benchmark’s Mitch Lasky said.
Posted 28 February 2012 - 06:05