Gaming-focused social networking platform eFuse has secured a $6M USD investment from a collection of professional sports stars, influencers, and investors, led by Ohio Innovation Fund. While a representative for eFuse declined to comment on specific individual investments, they did tell The Esports Observer that commitments from some pro sports players involved in the round […]
Ally.io raises $50 million to help businesses adhere to OKR-based goals
Ally.io, a platform that helps enterprises develop and track their objectives and key results (OKRs), has raised $50 million in a series C round of funding led by Greenoaks Capital. OKR is a popular goal-setting framework popularized by former Intel CEO Andy Grove and has been used to bring direction to big-name companies such as […]
Peak.AI raises $21 million to drive enterprise AI adoption
Peak.AI, a startup developing AI solutions for enterprise customers, today announced that it closed a $21 million series B round. The funds, which bring Peak’s total raised to date to $43 million, will drive the company’s R&D and commercial expansion in the U.S. and India, according to CEO Richard Potter. The global enterprise AI market size […]
Interplay raises $18 million for enterprise-focused VR training solutions
Interplay, an Austin, Texas-based startup developing a 3D and virtual reality platform for trade workers, today announced that it raised $18 million. The company says it’ll use the proceeds to move into new markets and further develop its existing products. According to an ABI Research report, before the pandemic, the virtual reality market was forecasted […]
Equip Raises $17 Million to Transform Eating Disorder Treatment
Company brings reinvented care model to eating disorder patients in 2021, supported by investment from F-Prime, Optum Ventures, and .406 Ventures SAN DIEGO–(BUSINESS WIRE)–February 10, 2021– Equip, a health tech company pioneering a program that virtually delivers evidence-based eating disorder treatment to families at home, today announced it has closed $13 million in Series A […]
Monte Carlo raises $25 million for AI that monitors data reliability
San Francisco-based data reliability startup Monte Carlo today announced that it raised $25 million, bringing the company’s total capital raised to date to over $40 million. Monte Carlo says the proceeds will allow it to foster its community of users and further develop its data and analytics products as it looks to expand the size […]
Nerd Street Gamers Raises $11.5M Financing Led by Founder Fund
Esports infrastructure company and tournament organizer Nerd Street Gamers announced that it has raised an $11.5M USD financing round led by San Francisco-based venture capital firm Founders Fund, with additional participation from all of its existing investors. The investment brings the company’s total funding to approximately $25M. Nerd Street Gamers revealed that it experienced significant […]
Granulate raises $30 million for AI that optimizes server workloads
Granulate, a startup developing a platform that optimizes computing infrastructure, today announced it has raised $30 million, bringing its total raised to $45.6 million. The company claims the cash infusion will help it develop products that reduce the time engineers spend tuning enterprise system performance, freeing them up to pursue potentially more creative, impactful, and […]
Nerd Street Gamers raises $11.5m in addtional funding – Esports Insider
Esports infrastructure company Nerd Street Gamers (NSG) has raised $11.5m (£8.48m) in additional funding, with the round led by venture capital firm Founders Fund. According to the release, the additional funds will be used to accelerate the company’s growth. RELATED: Nerd Street Gamers to operate first stage of VALORANT Champions Tour Despite the closure of NSG’s Localhost facilities […]
Anzu.io raises $9 million for in-game ad platform
Anzu.io has raised $9 million in new funding for its platform for a new generation of in-game advertising. In-game advertising isn’t new, but Tel Aviv-based Anzu.io claims it can make it more intelligent by seamlessly integrating digital ads directly into the gameplay, without disrupting the user experience. Anzu.io also measures the ad’s effectiveness with real-time analytics. […]