Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dd13f155-87f4-4bf1-8b13-d7c3c54b887d
Date 7/14/2015
Company Name FanDuel
Mailing Address 19 Union Square West 9th Floor New York, NY 10003 USA
Company Description FanDuel.com lets you play and win at fantasy sports in a day instead of waiting the whole season. Players can draft a new team at any time, and pitch it head-to-head against a single opponent – or a league of opponents – for real money. The player whose team has the most fantasy points after the games have completed wins the cash prize.
Proceeds Purposes The financing will be used to increase customer acquisition efforts across the U.S., accelerate the introduction of new products, features and growth initiatives to serve the company’s mission to create the ultimate fan experience, and to build out its industry-leading management team.