eSports

FaZe Clan Reveals $40 Million Series A Details

Published

4 years ago

April 21, 2020

Reading Time: 2 minutes

Powerhouse Group of Investors Includes Pitbull, Nyjah Huston, Swae Lee, Yo Gotti, Sylvia Rhone, Troy Carter, Meyers Leonard, Josh Hart, Among Others

FaZe Clan, the world’s most followed and powerful gaming organization, today released specifics of its recently closed $40 million Series A round of funding which will support expansion, player acquisitions and operations. The news follows last week’s announcement of FaZe Clan’s partnership with Jimmy Iovine and NTWRK, who led the round.

Investors include an influential group of visionaries and change-makers across entertainment, sports and music:

Pitbull – Award-winning rapper, entrepreneur, actor and philanthropist
Nyjah Huston – Professional skateboarder, 12-time X-Games gold medalist and reigning world champion
Swae Lee – Grammy-nominated rapper, composer and member of Rae Sremmurd
Yo Gotti – Rapper and songwriter
Sylvia Rhone – Chair and CEO of Epic Records
Troy Carter – Music industry veteran and entrepreneur
DJ Paul – Rapper, producer, songwriter and founding member of Three 6 Mafia
Ray J – Singer, songwriter and TV personality
Chris O’Donnell – Actor
Big Boy – Nationally syndicated radio host
Meyers Leonard – NBA superstar and Miami Heat player
Gregory Van Der Wiel – Dutch football/soccer player
Josh Hart – New Orleans Pelicans forward/shooting guard
Guy Oseary – Talent manager and Maverick founder
Disco Fries – American production duo known for EDM
Jamal Murray – Denver Nuggets point guard/shooting guard
Offset – Global superstar rapper, previously announced investor

“These influential investors recognize the cultural significance of FaZe Clan as well as the enormous business opportunities around our content, esports teams and apparel,” said Lee Trink, CEO, FaZe Clan. “We have a hyper-engaged global audience and FaZe Clan is the most powerful lifestyle brand in all of gaming. This round of funding provides the capital to continue to reshape the future of sports and entertainment.”

“I’m stoked to partner with the homies at FaZe Clan,” said professional skateboarder Nyjah Huston. “Pumped for the fans to see what we have in store — gonna be sick.”

In response to the current pandemic, FaZe Clan rapidly galvanized the gaming, entertainment and sports communities with their Fight2Fund initiative, a weekly online pro-am tournament that raised roughly $125,000 in four weeks for those affected by COVID-19. With Fight2Fund, FaZe Clan provided an opportunity for athletes, musicians, content creators and brands to interact with the highly engaged gaming community while putting their time, energy and ad dollars toward a good cause. Additionally, FaZe Clan teamed up with Verizon as their preferred gaming partner in their #PayItForwardLIVE initiative through weekly gaming events focused on supporting small businesses affected by COVID-19.

About FaZe Clan:
Since its inception in 2010, FaZe Clan has established itself as the world’s most prominent and influential gaming organization known for its disruptive original content and hyper-engaged global fanbase of 215 million combined across all social platforms. FaZe Clan holds an unrivaled position at the epicenter of gaming, sports, culture and entertainment, driving how the next generation consumes content, plays and shops. Their roster of 85 influential personalities consists of world-class gamers, engaging content creators and a mix of talent beyond the world of gaming, including NBA star Ben Simmons, NFL star Juju Smith-Schuster and global superstar artists Offset and Lil Yachty. The organization’s unmatched esports division includes seven competitive teams in Fortnite, FIFA, PUBG, PUBG Mobile, Rainbow Six, Call of Duty League (Atlanta FaZe) and CS:GO with dozens of world championship trophies among them. In addition, FaZe Clan has become a sought-after fashion and lifestyle brand through an inspired apparel line and limited-edition collaborations with partners including Champion, Manchester City FC, Lyrical Lemonade, Kappa, CLOT, LA Kings and more. Follow us @FaZeClan and @FaZeApparel.

SOURCE FaZe Clan

eSports

North Star Network Acquires Um Dois Esportes

Published

3 days ago

April 26, 2024

GamingAmericas.com

north-star-network-acquires-um-dois-esportes

North Star Network has acquired Um Dois Esportes, a sports coverage and analysis site created from the merger of Gazeta Do Povo and Tribuna do Paraná in 2020.

Julien Josset, co-founder of North Star Network, said: “Thank you to the team at GRPCOM for their faith in us to take the brand forward. Um Dois Esportes is an established and renowned site in Paraná State, and we’re excited about the challenge of developing this asset.

“We’re happy to maintain the collaboration with the existing editorial team, and look forward to working with them, bringing our unique NSN approach, to take UDE forward.”

NSN’s signing of Um Dois Esportes is the media house’s fourth acquisition of 2024, following the recent deals to purchase UK-based SportsMole and MrFixitsTips, as well as Chilean site AlAireLibre, which was announced in March.

The latest addition to the North Star media portfolio joins existing assets including Top Mercato, Afrik-Foot, and Vringe. The Paris-based company already oversees a significant Brazilian operation, delivering over 6 million sessions per month, from the likes of Trivela, Premier League Brasil and Lakers Brasil.

NSN will retain Curitiba-based journalists from the Um Dois Esportes legacy team to maintain the asset’s unique tone and popular coverage of the Paraná sports scene across site and social.

Rafael Mello, Director of GRPCOM, said: “We were surprised by the interest, and initially had no intention of selling Um Dois, but as the conversations evolved, we realised this was a serious group with good intentions. We were very happy to see our project being valued by a large international group and going global, demonstrating the quality of the content we produced.

“We’re also proud that North Star inherited our journalists, who are truly responsible for the success of the product we offer readers every day.”

Alona Shevtsova

L&G esports team founded by Alona Shevtsova won the national Dragon EC Cup tournament

Published

4 days ago

April 24, 2024

GamingAmericas.com

l&g-esports-team-founded-by-alona-shevtsova-won-the-national-dragon-ec-cup-tournament

Ukrainian esports team L&G won the Dragon EC Cup tournament, held on the 20th of April by Dragon Esports Club. Four teams competed in the tournament’s final: Lazer Cats, L&G, which received a direct invitation to the final stage, EsportsBattle, and ThunderFlash, which had open qualifiers. During the Grand Final, the L&G team competed with Lazer Cats on Mirage, Anubis, and Vertigo maps.

“This victory is a testament to the exceptional talent and commitment of our players, as well as the collective effort of our coaching staff and support personnel,” said Alona Shevtsova, founder of L&G Esports. “We are immensely proud of their accomplishments and grateful for the unwavering support of our fans.”

L&G is among the top 5 Ukrainian teams in Counter-Strike: Global Offensive. It was founded in 2021. The previous name was Leogaming, and it was created on the initiative of the famous Alona Shevtsova from the fintech sector.

The team began competing in top tournaments and almost immediately made it to the Advanced division of the ESEA League Europe competition. The team also participated in and took prizes in European tournaments such as the SCL League, WhiteBit Crypto Open, Phoenix League, and local competitions. The team players are marat2k, r0ublE, kr1vda, kL1o, OneUn1que, rji (coach).

The winners received a 50,000 UAH prize. Dragon Esports Club also prepared a 15-skin giveaway for the broadcast’s viewers.

It is worth mentioning that the L&G team created its merch items, which are available for order worldwide. To get more information about the team, visit the L&G Instagram page, Twitch, or Telegram Channel.