Minute Media, the parent company of esports media publication DBLTAP, has closed on a $40 million (£31.1 million) funding round.
The capital will support Minute Media’s global expansion, including potential acquisitions and improvements to its publishing platform.
The round was led by European software investor Dawn Capital, and brings Minute Media’s total funding to date to $160 million (£124 million). Within the last year, Minute Media has acquired entertainment fandom-focused network FanSided and media platform The Players’ Tribune.
Asaf Peled, Founder and CEO of Minute Media, spoke on the raise in a release: “It’s been a year of rapid growth for Minute Media, with the acquisition of The Players’ Tribune, FanSided, and The Big Lead, and we are bullish on what 2020 has in store.