Market Views

$41 Million raised by Fantasy Sports Competition Company DraftKings

On Monday, DraftKings announced that it has raised $41 million in a new round of financing. The investment was led by Raine Group, which specializes in technology and media deals and included existing investors Atlas Venture, Redpoint Ventures and GGV Capital. The belief, behind the investment by Raine and others, is that fantasy sports will […]

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