Investors pour more cash into startup that operates an ‘escrow system’ for eSports tournaments
The burgeoning eSports industry is spawning new startups like Matcherino that help support a growing ecosystem, and investors are taking notice. Seattle-based Matcherino raised another $1.5 million this week from previous backers Madrona Venture Group and Vulcan Capital, along with other angel investors. Bend, Ore.-based Seven Peaks Ventures also invested for the first time. Founded in 2015, Matcherino has developed a platform that lets eSports fans crowdfund competitions between top gamers, who can then get paid for their matches and interact with followers. Many eSports fans are willing to pay to see the best compete, much like people do with traditional… Read More