FanDuel Garners $11,000,000 Series C Financing Round
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Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d346b30-051a-4713-8f04-c5aff22e52ba&Preview=1 -
Date
1/30/2013 -
Company Name
FanDuel -
Mailing Address
41 E 11th St. 10th Floor New York, NY 10003 -
Company Description
FanDuel.com lets you play and win at fantasy sports in a day instead of waiting the whole season. Players can draft a new team at any time, and pitch it head-to-head against a single opponent – or a league of opponents – for real money. The player whose team has the most fantasy points after the games have completed wins the cash prize. -
Website
http://www.fanduel.com -
Transaction Type
Venture Equity -
Transaction Amount
$11,000,000 -
Transaction Round
Series C -
Proceeds Purposes
Raising this additional funding will allow us to continue to innovate our daily fantasy sports product and considerably expand our user base. -
M&A Terms
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Venture Investor
Comcast Ventures -
Venture Investor
Piton Capital -
Venture Investor
Pentech Ventures -
Venture Investor
Bullpen Capital -
Venture Investor
Investor
