Fanduel wins series E battle with $275m

Jul 14, 2015 • Robert Lavine

Google, Time Warner, Turner Sports, NBC and Comcast all participated in a round that valued the fantasy sports operator at more than $1bn.

US-based fantasy sports platform FanDuel closed a $275m series E round today, securing funding from diversified internet company Google and a host of media firms.

Investment firm KKR led the round, which also featured Google’s growth equity fund Google Capital, broadcaster Turner Sports and media companies Time Warner, NBC and Comcast, which invested through their respective Time Warner Investments, NBC Sports Ventures and Comcast Ventures units.

The oversubscribed round was completed by Shamrock Capital, Bullpen Capital, Pentech Ventures, Piton Capital…

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