Cloud9 Raises $25 Million


The competitive gaming industry is booming. Over the past few years, eSports have been receiving a lot of attention. Monetary investments, however, have, until now, been lacking.   Over the past few months, eSports organizations have been receiving Series A investments from outside sources.  This round of investment is the first of the year, and Cloud9 came out swinging.

Cloud9 runs teams in several games including League of Legends, Overwatch, CS:GO, and Hearthstone.  Additionally, the organization recently acquired the London franchise for the new Overwatch League that will start in 2018.

The list of new investors to Cloud9 is long. It includes WWE, the Beverly Hills Sports Council, and San Francisco Giants player Hunter Pence.

If you are wondering why investors would put so much stock in eSports, the words of WWE CFO George Barrios state it pretty clearly.  He said: “At WWE, we are constantly looking to innovate through our venture portfolio, and eSports is particularly exciting to us. We believe Jack and the team at Cloud9, with their vision, enthusiasm and ability to execute, are the right partners.”

Owner of the organization Jack Etienne said of the investments: “We will now invest in expanding across leagues, outfitting our training facilities and housing, and taking the entire organization to the next level.”

Etienne also has hinted at interest in building a facility just for Cloud9 teams.  If investments in the organization continue to stack up, this will be an easy goal to achieve.

Cloud9 was formed in 2013 by Etienne and his wife Paullie Etienne.  It is the largest name in North American eSports with eight different teams.  Etienne hoes to expand further in the future.

Share this article:

Share on facebook
Share on twitter
Share on linkedin
Share on tumblr
Share on email
Share on whatsapp

Recent Posts

Gaming News

Lords of the Fallen Hand On | PAX West 2023

As I mature in my gaming journey, I have increasingly enjoyed the soul-like genre. I have a new level of patience when it comes to diving into more challenging games …

Hardware & Tech

Pdp Makes the Perfect Zelda Accessories for Your Switch

PDP (Formerly Pelican) is known for making some really cool looking accessories for consoles and PC. If you head to the PDP site, you will see hundreds of products themed …

Rogue Legacy 2 key art Gaming News

What Am I Playing | Rogue Legacy 2

There are always a ton of games to play but that doesn’t stop us from getting into a gaming rut every now and then. It is often easy to jump …

The Blackening Group Shot Movies & TV

The Blackening Review: Predictable Yet Hilarious

Have you ever wondered what black people would actually do when placed in a horror movie? Well, Tim Story takes an ‘all black’ cast to remove the horror movie trope …

Gaming News

Combo Breaker 2023 with Mad Catz

A ton of fighting games are in the pipeline to release in the next couple of years so it only makes sense that we go and check out one of …

Game Reviews

Mia and The Dragon Princess Impressions

FMV or Full Motion Video games have been around since the early days of gaming. From Dragons Lair to more modern games like Her Story and Late Shift, it has …