Thursday, January 28, 2016

Faceit raises $15M in Series A Funding Round from Anthos Capital, Index Ventures and United Ventures.

Faceit, a British startup that operates an online multiplayer platform, has closed a  $15M Series A funding round and is now aiming to expand in the United States.

Backers include Anthos Capital (Menlo Park, CA), Index Ventures (San Francisco, CA) and United Ventures (Milan, Italy) arriving after Faceit raised $2M last year from United Ventures. The company said it will use the investment to expand its team and continue to improve the technology and platform.
Faceit this month has opened an office in Los Angeles, aiming to achieve partnerships with developers, publishers and other partners based in America.

Founded in London in 2012 and led by CEO Niccolò Maisto, COO Michele Attinasi and Alessandro AVallone Chief Gaming Officer, Faceit is an online gaming platform allowing players to participate in tournaments and leagues with prizes through match making and management of automated tournaments. Its active users compete in at least 3 or more games per day. For developers the company offers a software development kit (SDK) to integrate into matchmaking and tournaments of their titles to allow players of all levels to participate in the competitive online gameThe company claims to have over 3.5 million gamers on its eSports platform. 

"With these investments, we will be able to achieve three major objectives for the platform: a strong community for competitive players and organizers, easy deployment for developers and for the personalization of the brands linked to products and services" Niccolo Maisto, founder and CEO of FaceIt says announcing investments.

Last year Faceit worked with several partners of the ecosystem of eSports, including Twitch of Amazon, Valve and Time Warner's Turner Broadcasting and WME/IMG, which formed its online-gaming league, ELeague, and plans to broadcast it on TV.

"Faceit has demonstrated the ability to build successful partnerships with publishers, large media companies and other leaders in the field." Index Ventures partner Ben Holmes, said in a statement.

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