Cloud9 Esports Raises $19.7 Million
According to a recent SEC filing, entertainment startup Cloud9 Esports raised $19.7 million in financing from an undisclosed investor.
Cloud9 Esports is a professional multi-gaming organization. It has teams in League of Legends, Call of Duty, Counter-Strike: Global Offensive, Hearthstone, Super Smash Bros. Melee, Sm4sh, H1Z1, Vainglory, Dota2, and Overwatch. It also sells a wide selection of esports merchandise, including pullover hoodies, T-shirts, mousepads, sunglasses, and online gift cards. The Los Angeles-based company supports esports teams, players, and personalities located across North America, Europe, and Asia.