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July 20, 2015 03:08 pm GMT
Only last week fantasy sports startup (although it was started in 2007…) FanDuel raised $275 million in a Series E round, taking the total capital raised to date to $363 million. That put it into the $1B valuation bracket, making one of the few startups out of Scotland to achieve the ‘Unicorn’ status. It’s now clearer why they are raising these amounts: acquisitions.… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/sbU0nQc8utU/
After Raising $275M, FanDuel Acquires App Developer Kotikan
Only last week fantasy sports startup (although it was started in 2007…) FanDuel raised $275 million in a Series E round, taking the total capital raised to date to $363 million. That put it into the $1B valuation bracket, making one of the few startups out of Scotland to achieve the ‘Unicorn’ status. It’s now clearer why they are raising these amounts: acquisitions.… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/sbU0nQc8utU/
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