NZXT, a City of Industry, CA – based leader in PC gaming hardware and services, secured a strategic investment of approximately $100m.
The round was led by Francisco Partners, with participation from:
- Kevin Lin – Co-Founder of Twitch
- Vanessa Dew – Co-Founder & CSO of Health-Ade Kombucha
- Patrick Lee – Co-Founder of Rotten Tomatoes
- James Lin – Co-Founder of CrunchyRoll
- Eddie Hartman – Co-Founder of LegalZoom
- James Park – Co-Founder & CEO of Fitbit, Inc.
- Kevin Ma – Founder of Hypebeast
- Michael Chen – Co-Founder and President of Pokeworks
The company intends to use the funds to bring on more senior talent, expand its product offering to include new hardware categories, expand its direct-to-consumer offering in new global markets, invest more in the community, and focus on continuing to build the NZXT brand.
Founded in 2004 and led by Johnny Hou, CEO, NZXT makes products that allow for a personalized approach to building PC’s. Their first products were computer cases and they have since expanded to include PC cooling solutions, RGB lighting kits, components, power supplies, and their free PC performance monitoring software, NZXT Cam. They have recently expanded to include new categories like Audio featuring the Capsule Microphone and BLD Kit– an exclusive experience for first-time builders. NZXT also has launched their CRFT line of products, bringing their PC design mindset together with some of entertainment’s most popular brands to create limited-edition cases and accessories for gaming enthusiasts.
As a part of this investment, Hou will remain the majority shareholder and maintain control of the company and day-to-day operations. Alan Ni from Francisco Partners will also join NZXT’s Board of Directors.