Gaming Gadget Maker Razer Joins The $1 Billion Startup Club

Razer, a company that sells hardware to gamers, isn’t well known outside the gaming community. Nonetheless, it has just joined the elite rank of startups.
The Carlsbad, Calif., company has a attained a valuation of more than $1 billion, thanks to new funding from Intel’s venture-capital arm, according to a person familiar with the situation.
The precise size of Intel’s contribution has not been disclosed, and Razer officials didn’t respond to requests for comment.