Altos Ventures

Altos Ventures Management, Inc. is a venture capital firm founded in 1996 and headquartered in Menlo Park, California, with an additional office in Seoul, South Korea. The firm specializes in early-stage technology investments across various sectors, including enterprise software, financial technology, e-commerce, and consumer services. Altos Ventures seeks to support companies from inception to global growth, focusing on high-growth, capital-efficient, founder-led businesses. The firm typically invests between $500,000 and $3 million initially, with the potential for follow-on investments exceeding $100 million. Altos Ventures has been a lead institutional investor in over 100 companies worldwide, concentrating its investment activities in regions such as California, Canada, Korea, Central America, and the Caribbean. The firm aims for minority stakes in its portfolio companies, which generally have sales exceeding $1 million.

Brittany Hargest

Partner

Han Kim

Managing Director

Anthony Lee

Managing Director

Ho Nam

Managing Director and Co-Founder

Moon-Suk Oh

Partner

Hee-Eun Park

Partner

Tae Yoon

Partner

Zac Mohring

Principal

Past deals in Video Games

Cinamon

Venture Round in 2025
Cinamon provides a visual story platform designed for casual games. In 2018, the company began as a joint venture with Naver Webtoon. Since our first project, an interactive stories app called "Maybe," the company has continued to broaden its scope in the field of visual storytelling. The company is currently working on two projects: a 2D and a 3D UGC story platform.

Bonfire Studios

Series B in 2025
Our purpose is to build friendships by creating legendary game experiences that bring players closer together, united in a sense of adventure, exploration and fellowship. At Bonfire being the best means being driven to excel, not as individuals but as a team. We believe that skill and experience are only part of the puzzle – an adventurous spirit, a commitment to excellence and a passion for iteration are essential.

Nirvanana

Series A in 2024
Nirvanana is a game developer that develops an online gaming platform to connect gamers across the world.

GOMBLE

Series A in 2024
GOMBLE creates blockchain-based casual games that focus on the game's core fun rather than just playing for the money.

GOMBLE

Seed Round in 2023
GOMBLE creates blockchain-based casual games that focus on the game's core fun rather than just playing for the money.

Roblox

Series H in 2021
Roblox is a platform for online gaming and entertainment that provides a communal digital experience that unites individuals via play. It enables anyone to imagine, create, and have fun with friends as they explore interactive 3D experiences produced by developers using their desktop design tool, Roblox Studio.

Roblox

Series G in 2020
Roblox is a platform for online gaming and entertainment that provides a communal digital experience that unites individuals via play. It enables anyone to imagine, create, and have fun with friends as they explore interactive 3D experiences produced by developers using their desktop design tool, Roblox Studio.

Roblox

Series F in 2018
Roblox is a platform for online gaming and entertainment that provides a communal digital experience that unites individuals via play. It enables anyone to imagine, create, and have fun with friends as they explore interactive 3D experiences produced by developers using their desktop design tool, Roblox Studio.

Gen.G esports

Series A in 2018
Established in 2017, Gen.G is the leading esports organization connecting the U.S. and Asia. Ranked #6 in the 2019 Forbes list of the world’s most valuable esports companies, Gen.G is the only major organization that owns and operates top teams in the world’s leading esports markets -- China, South Korea, and the United States. Its unique portfolio of teams, winners of 7 global championships to date, includes the Seoul Dynasty franchise of the Overwatch League; 2014 & 2017 League of Legends world champion teams in South Korea; the world’s top all-female Fortnite team, based in Los Angeles; and the NBA 2K League’s historic expansion franchise in Shanghai. Gen.G’s core mission is to help fans and athletes use the power of gaming and esports to get ahead in and beyond competition. The company has quickly become a commercial and thought leader, building a global, inclusive, and cross-cultural future for sports entertainment. Its widely acclaimed initiatives include: #TeamBumble, the leading team platform for the empowerment of women in gaming; and Gen.G Elite Esports Academy, the world’s first fully-integrated academic esports program. Gen.G’s teams, content creators, and corporate staff work out of their offices in Los Angeles, Seoul, and Shanghai.

Origin Games

Seed Round in 2015
Origin Game is a startup specializing in mobile games. Their key personnel includes Webgen R2 and C9 team leaders, and key development team members from Nexen Dungeon and Fighter. They are currently developing a mobile game called Project Crocus.

Funizen

Venture Round in 2015
Funizen is an online game development company that focuses on creating engaging game experiences. The company specializes in providing technology, art, and design services to develop original games, which are delivered digitally for PC browsers. In addition to game development, Funizen offers solutions for cafe management, including software tailored for cyber cafes. They also facilitate partnerships and provide customer support, enhancing the overall experience for both gamers and café operators.

brideasmart

Venture Round in 2015
Bridea Smart is a mobile game developer, making creative games with high end technology, in Korea.

Origin Games

Funding Round in 2015
Origin Game is a startup specializing in mobile games. Their key personnel includes Webgen R2 and C9 team leaders, and key development team members from Nexen Dungeon and Fighter. They are currently developing a mobile game called Project Crocus.

Funizen

Series A in 2014
Funizen is an online game development company that focuses on creating engaging game experiences. The company specializes in providing technology, art, and design services to develop original games, which are delivered digitally for PC browsers. In addition to game development, Funizen offers solutions for cafe management, including software tailored for cyber cafes. They also facilitate partnerships and provide customer support, enhancing the overall experience for both gamers and café operators.

Roblox

Series D in 2011
Roblox is a platform for online gaming and entertainment that provides a communal digital experience that unites individuals via play. It enables anyone to imagine, create, and have fun with friends as they explore interactive 3D experiences produced by developers using their desktop design tool, Roblox Studio.

Roblox

Series D in 2009
Roblox is a platform for online gaming and entertainment that provides a communal digital experience that unites individuals via play. It enables anyone to imagine, create, and have fun with friends as they explore interactive 3D experiences produced by developers using their desktop design tool, Roblox Studio.

Hooked Media Group

Series A in 2009
Hooked Media Group is a social gaming company featuring a mobile game discovery app for Android and an online gaming platform. For mobile users, Hooked provides mobile users with advanced recommendations to find the games they will find the most rewarding. For mobile game developers, Hooked offers a CPI product enabling developers to monetize their latest games. For online, Hooked utilizes Yoo-Mee, a premium gaming technology platform and community that seeks to engage players with an experience around every game wherever they play. In addition, Hooked allows web publishers to embed a social game player to improve both user experience and website statistics while rewarding both publishers and developers with revenue. Hooked Media, backed by US Venture Partners and Altos Ventures, is headquartered in San Francisco.

Krafton

Venture Round in 2009
Krafton Inc is a South Korean video game developer and holding company headquartered in Seongnam. It specializes in creating fantasy games for both PC and mobile platforms, and it is renowned for its popular title, PlayerUnknown's Battlegrounds. In addition to this flagship game, Krafton has developed several other titles, including PUBG: Battlegrounds, PUBG: New State, Tera, Elyon, and Mistover. The company aims to maintain its status as a leading name in the video game industry by adhering to its core value of craftsmanship in game development.

Hooked Media Group

Seed Round in 2008
Hooked Media Group is a social gaming company featuring a mobile game discovery app for Android and an online gaming platform. For mobile users, Hooked provides mobile users with advanced recommendations to find the games they will find the most rewarding. For mobile game developers, Hooked offers a CPI product enabling developers to monetize their latest games. For online, Hooked utilizes Yoo-Mee, a premium gaming technology platform and community that seeks to engage players with an experience around every game wherever they play. In addition, Hooked allows web publishers to embed a social game player to improve both user experience and website statistics while rewarding both publishers and developers with revenue. Hooked Media, backed by US Venture Partners and Altos Ventures, is headquartered in San Francisco.

Roblox

Series C in 2008
Roblox is a platform for online gaming and entertainment that provides a communal digital experience that unites individuals via play. It enables anyone to imagine, create, and have fun with friends as they explore interactive 3D experiences produced by developers using their desktop design tool, Roblox Studio.

Outspark

Series B in 2008
Outspark is the Western leader in publishing premium micro-trans MMOs. Based in San Fransisco the company has published numerous successful MMOs, and is currently introducing Divine Souls and Fists of Fu for 2010. Outspark CEO & Founder, Susan Choe said the company's real strength will be its open Platform APIs, on which game developers or publisher can plug into, to self publish their online games, while leveraging the infrastructure, business intelligence data, existing users, portal and social network community features.

Outspark

Series A in 2007
Outspark is the Western leader in publishing premium micro-trans MMOs. Based in San Fransisco the company has published numerous successful MMOs, and is currently introducing Divine Souls and Fists of Fu for 2010. Outspark CEO & Founder, Susan Choe said the company's real strength will be its open Platform APIs, on which game developers or publisher can plug into, to self publish their online games, while leveraging the infrastructure, business intelligence data, existing users, portal and social network community features.
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