Meet the 27-year-old who raised $96 million to make video gaming a high school sport

that provides the infrastructure for high school students to compete in officially sanctioned esports leagues. On Wednesday, it announced it raised $50 million in a round of Series C funding, bringing its total capital raise to $96 million.Squawk AlleyWhile some may bristle at the idea of video games being a varsity sport, Parnell said he believes the high school teams will bring the same benefits to students as other sports.

"Parents actually want their kids to have success in the student environment, and sports and activities have shown evidence of increasing student GPA, student engagement, student attendance," said Parnell. "It's giving kids a structured environment to do the things they love."

Amazing as there are a multitude of ways to compete and show pride in your school

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