Fortnite Developer Just Raised Another Billion Dollars

Epic Games announced Friday that they received an investment of approximately $1.25 billion from KKR, ICONIQ Capital, Smash Ventures, aXiomatic, Vulcan Capital, Kleiner Perkins, and Lightspeed Venture Partners, according to AP.
The funds are meant to create further partnerships in technology, entertainment, esports, and other live events. The investors have now joined Disney, Tencent, and Endeavor as minority shareholders in Epic.
Epic Games continues to be controlled by founder and CEO, Tim Swe