eSports Insider · Aug 19, 2021
FaZe Clan secures investment from Cox Enterprises
North American esports organisation Faze Clan has announced a strategic investment from media conglomerate Cox Enterprises.
According to the release, the investment deepens the existing partnership between the two entities. Financial terms of the investment were not disclosed.
Image Credit: FaZe Clan /Cox EnterprisesLee Trink, CEO of FaZe Clan, spoke on the announcement in a release: “This is a huge leap in the evolution of our partnership with Cox Enterprises and Atlanta Esports Ventures that will lead to greater opportunities for all of us.
“This investment comes at an ideal time as our brand has transcended esports, becoming a powerful platform for gaming and youth culture.”