Connect with us

eSports

FaZe Clan Reveals $40 Million Series A Details

Published

on

Reading Time: 2 minutes

 

Powerhouse Group of Investors Includes Pitbull, Nyjah Huston, Swae Lee, Yo Gotti, Sylvia Rhone, Troy Carter, Meyers Leonard, Josh Hart, Among Others

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.

Investors include an influential group of visionaries and change-makers across entertainment, sports and music:

  • Pitbull – Award-winning rapper, entrepreneur, actor and philanthropist
  • Nyjah Huston – Professional skateboarder, 12-time X-Games gold medalist and reigning world champion
  • Swae Lee – Grammy-nominated rapper, composer and member of Rae Sremmurd
  • Yo Gotti – Rapper and songwriter
  • Sylvia Rhone – Chair and CEO of Epic Records
  • Troy Carter – Music industry veteran and entrepreneur
  • DJ Paul – Rapper, producer, songwriter and founding member of Three 6 Mafia
  • Ray J – Singer, songwriter and TV personality
  • Chris O’Donnell – Actor
  • Big Boy – Nationally syndicated radio host
  • Meyers Leonard – NBA superstar and Miami Heat player
  • Gregory Van Der Wiel – Dutch football/soccer player
  • Josh Hart – New Orleans Pelicans forward/shooting guard
  • Guy Oseary – Talent manager and Maverick founder
  • Disco Fries – American production duo known for EDM
  • Jamal Murray – Denver Nuggets point guard/shooting guard
  • Offset – Global superstar rapper, previously announced investor

“These influential investors recognize the cultural significance of FaZe Clan as well as the enormous business opportunities around our content, esports teams and apparel,” said Lee Trink, CEO, FaZe Clan. “We have a hyper-engaged global audience and FaZe Clan is the most powerful lifestyle brand in all of gaming. This round of funding provides the capital to continue to reshape the future of sports and entertainment.”

“I’m stoked to partner with the homies at FaZe Clan,” said professional skateboarder Nyjah Huston. “Pumped for the fans to see what we have in store — gonna be sick.”

In response to the current pandemic, FaZe Clan rapidly galvanized the gaming, entertainment and sports communities with their Fight2Fund initiative, a weekly online pro-am tournament that raised roughly $125,000 in four weeks for those affected by COVID-19. With Fight2Fund, FaZe Clan provided an opportunity for athletes, musicians, content creators and brands to interact with the highly engaged gaming community while putting their time, energy and ad dollars toward a good cause. Additionally, FaZe Clan teamed up with Verizon as their preferred gaming partner in their #PayItForwardLIVE initiative through weekly gaming events focused on supporting small businesses affected by COVID-19.

 

About FaZe Clan:
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.

SOURCE FaZe Clan

Continue Reading

eSports

QUEEN ELIZABETH OLYMPIC PARK, THE UK’S HOME OF ESPORTS

Published

on

queen-elizabeth-olympic-park,-the-uk’s-home-of-esports
Reading Time: 3 minutes

 

Queen Elizabeth Olympic Park is fast becoming the home of esports in the UK, with its premier esports arena, Copper Box Arena, at the centre of this rapidly growing industry as it welcomes the World Series of Warzone Global Finals.

London’s third largest arena has already hosted major esports tournaments featuring popular games such as Apex Legends, League of Legends (LoL Esports), Gran Turismo, among many others, drawing in avid esports fans from all over the world.

  • Queen Elizabeth Olympic Park welcomes esports tournament World Series of Warzone Global Finals.
  • The leading innovation campus, Here East, on Queen Elizabeth Olympic Park, is now home to a thriving esports community and promoter Esports Engine.
  • The global games market has more than doubled in value from $70.6Bn in 2012 to $180.1Bn in 2021.
  • Hub of esports education with courses at Staffordshire University London based at Here East and College of Esports at Lee Valley VeloPark.

Copper Box Arena, managed by GLL, a charitable social enterprise and worker-owned cooperative, operating under the community-brand, Better will welcome the World Series of Warzone Global Finals on Saturday 16th September.

The world’s best Warzone players will battle it out live for a staggering $600,000 in prize money. The event will even include the iconic Solo Yolo event, which will see 150 Warzone demons go rogue, battling it out individually for a chance to claim the crown and a whopping $100,000 prize for the last player standing.

The last CoD event in London was back in 2020 when the London Royal Ravens held some of their electrifying home matches at Copper Box Arena.

The 7,500 seater arena’s flexibility enables it to accommodate the diverse event set-ups different esports events require from a full auditorium, to accommodating event and expo combined, from end stage to centre stage to projection onto the field of play itself.

The Mayor of London, Sadiq Khan, said: “Queen Elizabeth Olympic Park is a global leader in esports. The Park is harnessing this growing industry, becoming a hub for skills training and jobs in the sector, and helping to create a better, more prosperous London for all. The eyes of the gaming world will be on the Copper Box Arena this week, as tens of thousands of visitors take part in the exciting programme of events, with millions more joining in online.”

Lyn Garner, Chief Executive of the London Legacy Development Corporation, said: “It’s fantastic to be welcoming another esports event to the Copper Box Arena which has established itself as the capital’s prime esports venue. The esports cluster evolving here on Queen Elizabeth Olympic Park drives huge opportunities for learning and jobs and makes a major contribution to the economy.”

Gavin Poole, CEO of Here East, said: “It is wonderful to see the Queen Elizabeth Olympic Park’s transformation into a vibrant hub for the esports community.  Home to world-class tech companies, leading educational institutions and creative businesses, Here East has long supported innovation in the gaming industry.  We are thrilled to be at the forefront of this rapidly evolving sector, solidifying East London’s reputation as the leading destination for esports in the UK.”

Stuart Hutchison, General Manager at Copper Box Arena, said: “We’re immensely proud to be part of the emergence of esports. Copper Box Arena is rapidly becoming the home of esports in the UK after hosting huge tournaments such as League of Legends and Apex Legends already this year. We are now excited to be bringing yet another high-profile game to life in Call of Duty Warzone.”

Esports has garnered immense popularity, with viewership for events rivalling that of traditional sports, and the park is at the forefront of embracing this global phenomenon. As esports continues to capture the hearts of many, Queen Elizabeth Olympic Park is positioning itself as a leading destination for esports in the UK, offering a dynamic and cutting-edge environment for esports tournaments, athletes, and fans alike.

Continue Reading

eSports

XFINITY ANNOUNCED AS OFFICIAL SUPPORTING PARTNER OF THE ESPORTS AWARDS

Published

on

xfinity-announced-as-official-supporting-partner-of-the-esports-awards

 

The Esports Awards are the most prestigious night on the esports calendar. Xfinity is now its Official Supporting Partner. This exciting partnership between the United States’ largest Internet provider and the premier platform for recognition in esports excellence and highlights the growing significance of esports on a global scale.

As part of the partnership, Xfinity will present the Esports Content Creator of the Year award during the main ceremony at Zouk Las Vegas on November 30th. This year, the Esports Awards and Xfinity are offering the Ultimate VIP Esports Awards Experience. This initiative through Xfinity Rewards- Xfinity’s free customer appreciation program – aims to reward passionate esports fans with a once-in-a-lifetime opportunity to attend the Esports Awards ceremony as VIP guests, sharing the spotlight with their favourite influencers and celebrities.

“This partnership with Xfinity represents a significant milestone for the Esports Awards.” said Mike Ashford, CEO of the Esports Awards “Xfinity’s dedication to innovation and the esports community aligns perfectly with our mission to celebrate the incredible talents and achievements within the industry.”

Mark Cruz, Senior Director of Brand Partnerships at Xfinity, commented “As one of the premier industry events, the Esports Awards are the perfect partner to help reinforce how we deliver the best gaming experience on the Xfinity 10G Network. We’re excited to continue to fuel the next generation of gamers, keeping them connected to their online communities.”

The Esports Awards’ goal of elevating the esports industry aligns seamlessly with Xfinity Internet’s commitment to providing gamers with the ultimate experience. The Xfinity 10GNetwork stands as the pinnacle of Internet service for gamers, boasting unrivalled reliability, capacity, and low latency.

However, the commitment to excellence doesn’t end there. Xfinity is continually at the forefront of innovation, with plans to further enhance the Xfinity 10G Network in the coming months, making it even smarter, faster, and more reliable. Their plans for multi-gig symmetrical speeds and ground breaking ultra-low latency features will reshape the gaming experience, making it the Internet provider of choice for players who are serious about what they love.

The 2022 Esports Awards ceremony, held at Resorts World Las Vegas, was a monumental event attended by some of the biggest names in esports and beyond, including PUBG MOBILE, LOUD, and Matthew ‘Nadeshot’ Haag, who were honored with awards. The 2022 Esports Awards campaign also achieved remarkable milestones, with over 17 million total viewers, 115 million impressions, and 10 million votes cast.

Key dates include:

  • 20th September: Pro and On-Air nominees reveal
  • 13th – 20th November: Turbo voting period–votes are worth double
  • 20th November: Voting closes on all categories but 3
  • 25th November: Voting closes for Esports PC Player, Esports Organisation and Esports Team of the Year
  • 27th & 28th November: Inaugural Scholars
  • 29th & 30th November: Esports Awards 2023
Continue Reading

eSports

Unveiling the Ultimate Gaming Showdown: Stryda and Riot Games Present the Valorant Nordic Clash Championship

Published

on

unveiling-the-ultimate-gaming-showdown:-stryda-and-riot-games-present-the-valorant-nordic-clash-championship
Reading Time: 2 minutes

 

eSports powerhouse Stryda has again joined forces with Riot Games to announce the Stryda Valorant Nordic Clash championship. This much-anticipated tournament calls on gamers of all levels to showcase their skills against one another across the Nordic region.

Commencing in October and culminating in a nail-biting grand finale in December, the Stryda Valorant Nordic Clash tournament promises an extraordinary display of skill, strategy and intensity. This collaboration serves as a testament to the unrelenting commitment of both Stryda and Riot Games to elevate and celebrate the talents of eSports players.

New Addition: Clan Events

At the same time as unveiling the Stryda Valorant Nordic Clash, Stryda is thrilled to present a revolutionary addition to its platform, Clan Events. Launched this week, Clan Events offers a fresh and engaging competition format that not only provides users with a new level of activity but also serves as a way to qualify for the upcoming Stryda Nordic Clash. Clan Events centres around collaborative team play; members must unite their skills to accumulate points. The primary objective is for clan members to team up as a party of five (a 5-stack) and play Valorant matches. Victory earns the clan one point while a defeat results in losing one point. Clans then compete based on their accumulated points, vying for the top spot on the leaderboard.

Distinctive Features of Clan Events

Unlike Stryda’s existing competition format, Ladders, Clan Events boasts distinct characteristics that set it apart:

  • Free participation: Engaging in Clan Events comes at no cost, ensuring accessibility for all users.
  • Collective play: Clan Events emphasize collaborative play, requiring a team of five clan members to participate in each match.
  • Unique scoring system: The scoring system is tailored exclusively to Clan Events, enhancing the competitive dynamics and fostering strategic gameplay.

This innovative addition not only widens the horizons for eSports enthusiasts but also introduces a new way for clans to prove their strength on the gaming stage.

Continue Reading

Trending

Get it on Google Play

Offering comprehensive coverage on all aspects of the gaming sector, our dailt post include online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2023 - Gaming News Room is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania