Epic Games raises $1.25 bln

Epic Games said Oct. 26 that it raised $1.25 billion from KKR, ICONIQ Capital, Smash Ventures, aXiomatic, Vulcan Capital, Kleiner Perkins, and Lightspeed Venture Partners. Epic Games, of Cary, North Carolina, is the creator of Fortnite, Unreal, Gears of War, Shadow Complex, and the Infinity Blade series of games. Minority investors already include Tencent, Disney and Endeavor. Raine Group and Guggenheim Securities LLC provided financial advice to Epic Games. Smith Anderson is acting as legal adviser to Epic Games.

26 October 2018•2 mins read
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