Tech Company Financing Transactions
DraftKings Funding Round
On 11/26/2013, DraftKings raised $24 million in Series B financing from Redpoint Ventures, Accomplice and BDS Ventures.
Transaction Overview
Company Name
Announced On
11/26/2013
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series B
Investors
Proceeds Purpose
DraftKings plans to use the money to fund marketing and acquisition, develop strategic partnerships, and to hire key talent.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
47 Winter St. 3rd Floor
Boston, MA 02110
USA
Boston, MA 02110
USA
Phone
Website
Email Address
Overview
The best place to play daily fantasy sports for cash prizes. Make your first deposit and we will double your cash!
Management Team
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