Alongside Comcast Ventures, which led the round, were venture capital firms Piton Capital, Pentech Ventures and Bullpen Capital and angel investor and management consultant Richard Koch, who had previously backed gambling company Betfair.
FanDuel, a daily fantasy US sports game operator spun out of Scotland’s Edinburgh University, has raised $11m in its series C round from a consortium including cable operator Comcast’s corporate venturing unit.
Alongside Comcast Ventures, which led the round, were venture capital firms Piton Capital, Pentech Ventures and Bullpen Capital and angel investor and management consultant Richard Koch, who had previously backed gambling company Betfair.
Andrew Cleland, a partner at Comcast Ventures, has joined FanDuel’s board and said: “We see…
