Overwatch League esports team owners, investors breakdown: VC, Kraft - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Ireland News News

The 23 investors pouring millions into Overwatch esports teams — from Patriots owner Robert Kraft to Chinese conglomerates

is one of China's most popular platforms for video game broadcasts. The company is valued at more than $4 billion and generated $300 in revenue during the third quarter of 2019.the company is considering expanding to the United States in the coming years. Huya launched in Latin America and other parts of Asia last year.is a Los Angeles-based esports organization sponsoring teams and individual players in more than a dozen different games.

Cloud9 was cofounded in 2013 by Jack and Paulie Etienne, and the couple serve as CEO and COO, respectively. The organization has raised $73 million in funding, according to Crunchbase.Envy Gaming began as a professional "Call of Duty" team in 2007 and currently fields teams in the Call of Duty League, Overwatch League, "Fortnite," and "Counter-Strike: Global Offensive.

Led by CEO Mike Rufail, the Dallas-based organization announced $20 million in Series A funding in January 2019 and hosts events in the Esports Stadium Arlington, a $10 million venue with room for 2,500 fans.is a Miami-based esports organization with teams competing in "Overwatch," "Call of Duty," "League of Legends," "NBA 2K," and "Super Smash Bros.

CEO Ben Spoont cofounded the organization in 2016 with Syfy Channel founders Laurie Silvers and Mitch Rubenstein, and later partnered with the Miami Heat to establish the NBA team's esports affiliate.Nenking is a Chinese conglomerate with holdings in real estate, property management, and professional sports. Nenking owns a basketball team, the Guangzhou Long-Lions, and sponsors the Eastern Sports Club in Hong Kong.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

EntInsider The NFL lap dance was a disgusting representation of our nation on the global stage. Except when freedom of sex explicit becomes a vehicle of an opioid barter system, pushes, and pornhub becomes the economy of USA. Translation: bodiesarenotcommodities Abolitionistrising

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus splits opinion among major VC firms over travel plans - Business InsiderOne of Darktrace's biggest backers has shut down all travel while others say the crisis will pass within the next few months. Hate the pop-up via the link. Black Power Black Power
Source: BusinessInsider - 🏆 729. / 51 Read more »