Fantasy Sports Company FanDuel Raises $275M Series E, Confirms $1B Valuation

Fantasy Sports Company FanDuel Raises $275M Series E, Confirms $1B Valuation

By Steve O'Hear Scotland’s FanDuel has come a long way since it spun out from news startup HubDub back in 2010. The fantasy sports operator is announcing that it has raised a whopping $275 million Series A, bringing total capital raised to $363 million and valuing the company at “over $1 billion”. In other words, chalk this up as another U.K.-based ‘unicorn’.
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Via: http://feedproxy.google.com/~r/Techcrunch/~3/DPrMr0g9UdU/

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