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FaZe Clan Reveals $40 Million Series A Details

Apr 17, 2020over 5 years ago

Amount Raised

$40 Million

Round Type

series a

Los Angeles

Description

 FaZe Clan, the world's most followed and powerful gaming organization, today released specifics of its recently closed $40 million Series A round of funding which will support expansion, player acquisitions and operations. The news follows last week's announcement of FaZe Clan's partnership with Jimmy Iovine and NTWRK, who led the round.

Company Information

Company

Fa Ze Clan:

Location

Los Angeles, California, United States

About

Since its inception in 2010, FaZe Clan has established itself as the world's most prominent and influential gaming organization known for its disruptive original content and hyper-engaged global fanbase of 215 million combined across all social platforms. FaZe Clan holds an unrivaled position at the epicenter of gaming, sports, culture and entertainment, driving how the next generation consumes content, plays and shops. Their roster of 85 influential personalities consists of world-class gamers, engaging content creators and a mix of talent beyond the world of gaming, including NBA star Ben Simmons, NFL star Juju Smith-Schuster and global superstar artists Offset and Lil Yachty. The organization's unmatched esports division includes seven competitive teams in Fortnite, FIFA, PUBG, PUBG Mobile, Rainbow Six, Call of Duty League (Atlanta FaZe) and CS:GO with dozens of world championship trophies among them. In addition, FaZe Clan has become a sought-after fashion and lifestyle brand through an inspired apparel line and limited-edition collaborations with partners including Champion, Manchester City FC, Lyrical Lemonade, Kappa, CLOT, LA Kings and more. Follow us @FaZeClan and @FaZeApparel.

Funding Insights

Based on industry data
Tech investment trends
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