Sunday , November 19 2017
Home / wrestling / Esports — Cloud9 receives $25 mn in Series A funding from World Wrestling Entertainment, Hunter Pence & others

Esports — Cloud9 receives $25 mn in Series A funding from World Wrestling Entertainment, Hunter Pence & others

(four:30)Cloud9 has lifted $25 mn in Series A financing from notable companies & parties in sports, media, technology & entertainment, Cloud9 said.
Editor’s Picks Cloud9 purchases London, Kroenkes grab L.A. Overwatch League spots Blizzard has reported the discount of 2 further spots for the Overwatch League.
various Businessmen from the Inc.’s $three mn seed round in January have too increased their stake, the esports Administration told ESPN.
Cloud9 received $25 mn in Series A funding, including contributions from Baseball league veteran Hunter Pence, who going to too join the Inc.’s board as an observer.
Founders Fund partner Brian Singerman too invested in Cloud9’s seed round & oversaw this lift.

E-Sports Operator Cloud9 lifts $25 mn from World Wrestling Entertainment, Others

E-sports franchise operator Cloud9 of Los Angeles reported Monday which it had lifted a $25 mn Series A round from WWE Inc. & a collection of other Businessmen.
Cloud9 runs e-sports teams for various vidimus game titles including Riot Game’s “League of Legends,” Blizzard Entertainment’s “Overwatch” & “Hearthstone,” Valve Corp.’s “Counter-Strike: universal Offensive,” & Super Evil Megacorp’s “Vainglory.” various of its teams live & practice within houses leased with Cloud9 across Los Angeles.
The Inc. lifted a $three mn seed round in January & paid a reported $20 mn the London team franchise of the Overwatch League in August.
“We going to This time invest in expanding across leagues, outfitting our training facilities & housing, & taking the entire Administration to the following standard,” Cloud9 owner Jack Etienne said in a statement regarding the Inc.’s fundraising round.
Founders Fund partner Brian Singerman joins the Cloud9 board, & Pence & a representative from WWE going to become board observers.

E-Sports Operator Cloud9 Raises $25 Million from WWE, Others

Esports Startup Cloud9 lifts $25 mn From World Wrestling Entertainment, Others

referring to Cloud9 has closed $25 mn in Series A funding from World Wrestling Entertainment & others, as the eSports team & player management startup looks to extend team Growth & broaden across multiple leagues.
As portion of the funding, Founders Fund partner Brian Singerman joins the Cloud9 board & World Wrestling Entertainment & Hunter Pence going to become board observers.
Cloud9 had lifted $three mn in seed funding earlier this year.
“We going to This time invest in expanding across leagues, outfitting our training facilities & housing, & taking the entire Administration to the following standard,” Cloud9 owner Jack Etienne said in a statement.
We believe Jack & the team at Cloud9, by their vision, enthusiasm & ability to execute, are the right partners.”Pictured above: Cloud9’s Jack Etienne (left)

Cloud9 brings in $25 mn in funding from World Wrestling Entertainment, Hunter Pence, & further

North American esports Administration Cloud9 has lifted $25 mn in a Series A investment round, by Fresh partners from across sports, media, & entertainment.
Funding comes the likes of the World Wrestling Entertainment, San Francisco Giants outfielder Hunter Pence, & the Beverly Hills Sports Council.
such as Pence, Reddit co-founder Alexis Ohanian too upped his investment in Cloud9 during the Series A funding round.
The Administration going to too announclyjoin Riot Games’ franchised League of Legends league, requiring another $ten mn in entry fees.
Cloud9 owner too told ESPN the money would potentially go toward a Cloud9 facility in Los Angeles.

Cloud9 brings in $25 million in funding from WWE, Hunter Pence, and more

This content may collect you by Owen Daniel

About admin-sport

Avatar for admin-sport

Check Also

picture.jpg

World Wrestling Entertainment Determines up Jinder Mahal versus. Triple H for home display in India

Triple H for their December ninth home display on Twitter final night. World Wrestling Entertainment …