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.

Online Casino News Courtesy of Infopowa

About the Author... Total Posts Written: 9,449
Casinomeister

Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
bryan@casinomeister.com

See More Posts