DraftKings Lands $41,000,000 New Financing Round

  • Feed Type
  • Date
    8/25/2014
  • Company Name
    DraftKings
  • Mailing Address
    47 Winter Street 3rd Floor Boston, MA 02108 USA
  • Company Description
    DraftKings, which was recently named one of “Five you should follow” by Mass High Tech’s Startup Watch, allows people to not only play for one day, but they can bet through the website and find out if they win that day.
  • Website
    http://www.draftkings.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $41,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    It also plans to use the new money to expand its mobile and Web offerings, hire more employees and bolster its sports lineup and contest prizes.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor