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Esports firm Cloud9 lands $50m investment via Series B funding round

Esports firm Cloud9 lands $50m investment via Series B funding round

Esports outfit Cloud9 has raised $50 million in a Series B funding round.

The company has professional competitive teams across a raft of games, including Fortnite, Clash Royale, Hearthstone, League of Legends, Counter-Strike: Global Offensive, Overwatch and more.

Forbes reports the latest investment round was led by Valor Equity Partners, with its founder Antonio Gracias joining the Cloud 9 board.

Other investors included TrueBridge Capital Partners, Reimagined Ventures and Glassdoor founder Robert Hohman.

This story originally appeared on our sibling title PocketGamer.biz - the full story can be read here


Editor - PC Games Insider

Alex Calvin launched PCGamesInsider.biz in August 2017 and has been its editor since. Prior to this, he was deputy editor at UK based games trade paper MCV and content editor for marketing and events for London Games Festival 2017. His work has also appeared in Eurogamer, The Observer, Kotaku UK, Esquire UK and Develop.

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