Fantasy Sports League FanDuel Raises $70 Million In Venture Capital Round Typically Reserved For Hot Tech Startups
Shamrock Capital Advisors led the round, joined by new investors NBC Sports Ventures and KKR. The new round is seven times larger than its last capital raise and brings FanDuel's total amount raised to $88 million.
Become A Millionaire Playing Fantasy Football
DraftStreet, the fantasy sports website that allows for daily and weekly instead of full-season play, will bring 40 players to Las Vegas to compete in a tournament with a $1 million grand prize, the largest single guaranteed award in fantasy sports history.