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This article was published on May 6, 2013


    Corsair, the Silicon Valley firm that makes hardware for PC gaming enthusiasts, raises $75m

    Corsair, the Silicon Valley firm that makes hardware for PC gaming enthusiasts, raises $75m Image by: Mikael Damkier
    Robin Wauters
    Story by

    Robin Wauters

    Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family a Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family and Belgian beer. If you'd like to know more about Robin, head on over to robinwauters.com or follow him on Twitter.

    Corsair Components (Corsair), the privately-held Silicon Valley hardware firm that supplies PC gamers with custom, pre-assembled systems or the necessary components to build their own powerful PCs, has raised approximately $75 million in a ‘strategic investment’ round from private equity firm Francisco Partners.

    In a statement, Corsair says Francisco Partners will partner with CEO Andy Paul and the rest of the management team to “further strengthen Corsair’s market-leading position among PC gaming enthusiasts”.

    Paul and the management team will maintain a “substantial” equity interest in the company, which boasts more than $500 million in annual revenue. The detailed deal terms were not disclosed.

    Founded in 1994, Corsair supplies PC gaming components and peripherals, including power supply units, memory, gaming mice, keyboards and headsets, CPU cooling kits and customized PC cases.

    The fresh cash will help Corsair expand into related adjacent product categories and geographies, according to the statement.

    Image credit: Thinkstock