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FACEIT has closed a Series A funding
Wednesday, January 27, 2016 : E-SPORTS COMPANY CLOSES SERIES A FUNDING
Raises $15 million
London-based e-sports platform firm FACEIT has closed a Series A funding round in which it raised $15 million from investment houses United Ventures, Index Ventures and Anthos Capital, Reuters reports.
FACEIT will put the investment to work by building out its technology and a platform that already serves over 3 million users.
“With this round of funding, we will be able to further our three-pronged mission for a competitive gaming platform: a robust competitive community for players and organizers, an easy-to-implement competitive layer for developers, and custom offerings for brands tied to their products and services,” said Niccolo Maisto, founder and chief executive officer of FACEIT.
The company, who collaborated with Valve, Twitch, WMEIIMG and Time Warner’s Turner Broadcasting over the past year, says it will be announcing several additional game integrations, partnerships and product features in the coming months.
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Gambling News :
Pokerstars Now Lead Sponsor of Global Poker League -
Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.
Betconstruch invests in Ucrafts -
BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.
Plus500 Founders Selling Off Shares -
Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.
Rush Golf Live Launches -
Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.
GreenTube and Chopsticks In Partnership -
Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.
Singapore Gambling Exemptions Granted -
The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.
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