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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


PCGamesInsider Contributing Editor

Alex Forbes-Calvin is a freelance writer and photographer, mostly operating within the games industry. Over his career, he has written for the likes of MCV, Eurogamer, GamesIndustry.biz, The Observer, VGC and Esquire. That's on top of writing books for Dark Horse on RuneScape, Assassin's Creed, Dead Island 2 and more.