G2 Esports has announced that they have secured a funding round of $17.3 million USD that includes investors Seal Rock Partners, Al Tylis, and Dan Gilbert, among many other big names.
This money will be used "to accelerate global expansion, fund franchise fees, and continue to invest in world-class business and content operations. Backed by a veteran global investor group, this funding brings significant resources and diverse experiences to strategically develop G2 Esports," according to the press release.
"The backing from this distinguished group of business leaders is a testament to the future
growth of this organization," explained G2 Esports CEO Carlos 'Ocelote' Rodriguez. "After an
incredibly successful 2018 where we positioned ourselves as one of the leading entertainment
assets in esports, G2 is doubling down on international growth, and continuing our investment in
world-class content creation. We have partnered with the right investors, who have a deep
understanding of a variety of entertainment industries, and significant experience in scaling
successful companies and brands."
Funding to date for G2 has surpassed $24.6 million, and Inner Circle Sports acted as G2's financial advisor with the capital raise.
How far can G2 grow?