Riot Games Invests $30 Million in Curse
Gaming company Curse has received a significant investment of $30 million from Riot Games, the company behind League of Legends. According to the Los Angeles Times, this investment is specifically for Curse and its growing Curse Voice software.
Curse Reveals Riot’s Hefty Investment
Curse initially announced Riot’s investment on July 1. However, the size of the investment was only revealed recently through a Securities and Exchange Commission filing.
At Odds Over Curse Voice
Last year, Curse and Riot were at odds due to the launch of Curse Voice. This voice communication program provided core gamers with improved functionality, including timers for in-game objectives in League. Riot Games believed that this gave players a competitive advantage, which went against their terms of service. As a result, Curse removed the offensive features. However, Riot was still impressed by the technology.
Riot’s Belief in Curse
Hubert Thieblot, the CEO of Curse, stated in a recent announcement that Riot truly believes in the future of Curse Voice. This investment will help Curse continue to create the best communication tool in gaming.
The Success of Curse Voice
Curse Voice has already gained over 1 million users and has become the flagship product for Curse. Founded in 2006, Curse started as a hub for in-game modifications in World of Warcraft. It has since grown into a network of gaming websites that serve the hardcore gaming communities for numerous titles. Curse has raised $30 million since 2007, including $10 million last year, a testament to its success in securing funds.
This investment from Riot Games will further support Curse’s growth and their commitment to serving millions of players through Curse Voice.
Conclusion
With this investment, Curse can expect to continue its growth and provide even better services to the gaming community.
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