Razer worth $1 billion

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Razer death stalker

There are a bunch of really cool peripherals and accessories out there. With so many companies to choose from, you’d think that they would be fighting over all our money. Apparently, Razer doesn’t need to keep fighting – they already have loads.

Thanks to a leaked internal memo, Razer has reached the $1 billion valuation mark:

We’re already one of the billion dollar unicorns in the tech start-up world and now, we’ve got more resources than ever to allow us to focus on designing and developing the best experiences for gamers worldwide.

According to the memo, this won’t mean that Razer rests on its laurels, but rather that they push even harder to ensure that the brand continues to grow. Thanks to partnerships with Tencent and the upcoming launch of their new wearable, the Nabu, they are hoping to break into new markets. They already have a large market share, with the memo stating that there are 10 million users of its software with 2 million logged on daily. I guess a lot of people have released the Kraken.

It’s always nice to hear about gaming companies doing well. Hopefully this means more investment in new toys, a wider range of products (including those that are priced for people who don’t earn their weight in gold) and more eSports sponsorships. All in all, it’s a nice thing to hear and hopefully will mean more good things are coming soon.

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I’m curious how this would compare with other companies out there. Other companies offer other excellent products, but how are they faring commercially? Did you think Razer was this big, or was your money on a different bunch?

Last Updated: October 17, 2014

Zoe Hawkins

Wielding my lasso of truth, I am the combination of nerd passion and grammar nazi. I delve into all things awesome and geek-tastic. You can read more of my words over at www.borngeek.co.za, or just follow me on all the social networks to get the true range of my sarcasm and wit.

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