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October 1, 2009
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Fantasy Company RotoHog Secures $2M In Venture Capital Funding

By Eric Fisher, Staff Writer, SportsBusiness Journal

Fantasy sports game developer and operator RotoHog has secured $2M in Series C venture capital funding from one of its longtime backers, San Diego-based Mission Ventures. The investment follows a similar $2M Series B round in March, also led in part by Mission. The funds will be used primarily to manage RotoHog’s ongoing growth and add some employees to the staff. The company in recent months has aligned with Sporting News, Fox Sports en Espanol and Fantasy Sports Ventures, among others, on new ventures. “We’ve been adding a lot of additional clients, and we see this as a validation of the business model we’ve created,” said RotoHog CEO Kelly Perdew. “It’s still a tough funding environment out there, but for us, it’s time to step up and continue on our trajectory.”

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