Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
October 19, 2017
arrowPress Releases






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


ESports platform Faceit lands $15 million investment

ESports platform Faceit lands $15 million investment

January 26, 2016 | By Christian Nutt




U.K.-based eSports startup Faceit has landed a $15 million investment as it expands with a new Los Angeles office. 

The company's platform lets players participate in ongoing tournaments and win prizes as they play. It currently supports Counter-Strike: Global Offensive and League of Legends, with Dota 2 support in beta.

According to the company, it already has more than 3 million users. The company ran a CS:GO league at the Dreamhack tournament late last year. Anthos Capital, Index Ventures, and United Ventures contributed to the company's $15 million Series A round.

Global eSports revenue rose to $325 million in 2015, with analyst firm Newzoo estimating that number will hit $463 million for 2016. Numbers like these explain investments in companies like Faceit.



Related Jobs

2K
2K — Novato, California, United States
[10.18.17]

SENIOR SERVER ENGINEER
2K
2K — Novato, California, United States
[10.18.17]

SENIOR ONLINE ENGINEER (C++, PC / CONSOLE GAME CLIENT)
thatgamecompany
thatgamecompany — Los Angeles, California, United States
[10.18.17]

Community Lead
Crystal Dynamics
Crystal Dynamics — Redwood City, California, United States
[10.18.17]

Creative Director









Loading Comments

loader image