Tech Company Financing Transactions
XY Gaming Funding Round
XY Gaming closed a $2.5 million Seed venture capital round on 9/19/2019. Investors included KB Partners, Varga Capital and private investors.
Transaction Overview
Company Name
Announced On
9/19/2019
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
KB Partners (Lead Investor)
Varga Capital (Lead Investor)
Proceeds Purpose
The company will use the new capital to enhance its advertising offering by developing a new branded tournaments model and expanding its advertising vertical, to better enable direct brand engagement.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
1000 Kiely Blvd.
Santa Clara, CA 95051
USA
Santa Clara, CA 95051
USA
Phone
Undisclosed
Website
Email Address
Overview
XY Gaming is one of the largest esports tournament platforms, where users compete for cash prizes across games like League of Legends, Dota 2 and Smite. XY Gaming organizes asynchronous esports tournaments, where we automatically monitor the players in-game statistics and award them scores based on their performance, creating a convenient and hassle free way to compete.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Aaron Fletcher
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About Our VC Transactions Data
We do our best to report on tech company VC transactions. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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