23-10-2017 22:40 via feedproxy.google.com

Cloud9 raises $25 million, and investors include WWE and Wizards co-owner

Esports organization Cloud9 announced today that it closed a $25 million round of Series A funding. Some of the investors from the seed round earlier this year have joined, such as Founders Fund and the tech investor Bill Lee, who put in a joint investment with tech investor David Sacks. The Series A has again attracted investors from the traditional sports world, such as Washington Capitals and Wizards co-owner Raul Fernandez; the Beverly Hills Sports Council; Michael Ovitz, the cofounder of ta
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