Razer, the gaming technology company based out of Southern California, has raised another round of funding, a Series C that values it at $1.5 billion, TechCrunch has learned. The backing comes in part from China, specifically the Digital Grid subsidiary of IT company Hangzhou Liaison Interactive. Yesterday, Hangzhou published a statement (a link first published by Reuters) confirming the 5.01%, $75 million investment in Razer, as well as its valuation.
TechCrunch understands that the $75 million is part of a “much larger” Series C investment.
Contacted by TechCrunch, Razer said it would not provide more details about other investors in at this time, nor the final size of the round. “We will provide more information later,” a spokesperson said.
But the participation…