Glorious Announces Strategic Growth Investment from Francisco Partners
Summary
Mr. Mohammad will remain a significant equity holder in the Company following the transaction.Founded in 2014, Glorious produces some of the most popular peripherals among PC gaming enthusiasts worldwide, including mice, custom mechanical keyboards, mouse pads, and other accessories. Despite taking no outside investment since inception, the Company has penetrated the global gaming hardware industry and won over a rapidly growing community of customers through an innovative, premium-quality product offering, disruptive pricing model and a transparent, brand-centric marketing approach.The new investment from Francisco Partners will enable Glorious to continue building world class gaming peripherals, penetrate adjacent product categories and expand into new geographies.Mr. Wachendorf is an accomplished industry veteran with deep domain expertise, most recently serving as the COO of SteelSeries, a worldwide brand and innovation leader in gaming and esports peripherals. It is a privilege to join this talented group and help drive forward Glorious mission to bring market leading products to the gaming and enthusiast community. With approximately $45 billion in assets under management, the firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential.