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Page 119

PPB wins FanDuel in merger deal

Paddy Power Betfair will put up $158m in cash and its US assets to merge with fantasy sports platform FanDuel, which is backed by Alphabet, Comcast and Time Warner.

May 24, 2018

Tencent collars NewsDog in $50m series C

News aggregation app NewsDog has raised funding in a Tencent-led round that included DotC United and Legend Capital.

May 23, 2018

Logly books in IPO for next month

Investors including CA Mobile, IT Media and Voyage Group are in line for an exit in an offering for the advertising services provider projected for mid-June.

May 21, 2018

Play2Live applies $2m to strategic fund

The unit will provide up to $150,000 in funding for gaming or eSports projects in Eastern Europe.

May 18, 2018

VidMob attacks second series A close

The online video collaboration platform has closed its series A round at $13.9m after securing new funds from investors including You & Mr Jones.

May 17, 2018

PPB to gamble on FanDuel acquisition

Daily fantasy sports platform FanDuel is in talks to be acquired by Paddy Power Betfair, allowing Comcast, Time Warner and Alphabet to exit.

May 16, 2018

Vidra looks to Reimagine for new venture

Ex-GV partner Eze Vidra has joined Kevin E. Baxpehler, formerly of ProSiebenSat.1, to set up a corporate-backed media fund that is raising $40m.

May 15, 2018
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