DraftKings Garners $300,000,000 Series D Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8af6aff-3553-4bf9-adbb-42b7a23c046a
Date
7/27/2015
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
$300,000,000
Transaction Round
Series D
Proceeds Purposes
DraftKings will use the additional funding to continue building out its industry-leading web and mobile products, launch its product internationally, and explore new opportunities for vertical expansion.
M&A Terms
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