SBD/Closing Bell

Esports Organization Cloud9 Completes $25M Round Of Funding

WWE, CAA co-Founder Michael Ovitz and Monumental Sports & Entertainment Vice Chair Raul Fernandez have invested in top-tier esports organization Cloud9, which closed a $25M funding round to help pay for buy-in fees in new esports leagues. The round was led by Founder Fund, an elite...

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