Fortnite's on steroids: 1.25b in funding values Epic Games at $15b TechSpot
A total of seven eSports and traditional sport businesses and investment firms have spent $1.25 billion in securing shares of Epic Games, the WSJ reports. The new investors, KKR, Iconiq Capital, Smash Ventures, aXiomatic, Vulcan Capital, Kleiner Perkins and Lightspeed Venture partners, join Disney, Endeavor and Tencent as major backers.
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