Your browser is currently blocking notification.
Please follow this instruction to subscribe:
X
Notifications are already enabled.
X

Former Microsoft GM Rahul Sood’s Startup Unikrn Raises $7 Mn In Series A From Binary Capital, Mark Cuban & Others

Former Microsoft GM Rahul Sood’s Startup Unikrn Raises $7 Mn In Series A From Binary Capital, Mark Cuban & Others

Founded in 2014, by former Microsoft GM Rahul Sood, Unikrn a gaming startup has raised over $7 Mn in its Series A round of funding led Jonathan Teo and Justin Caldbeck of Binary Capital, who are known for early investing in companies such as Twitter, Snapchat, Instagram, Whisper, Taskrabbit and more. With the funding, Unikrn will further the development of its revolutionary eSports platform, Unikrn.com, which offers safe and legal wagering on competitive video games matches and tournaments around the world.

Unikrn, a gaming and eSports company lets customers watch the world’s best professional gamers participate in live gaming tournaments around the world. Unikrn features tournaments for AAA titles such as League of Legends, Dota2, Counter-Strike, Heroes of the Storm, and others.

U

Also, for customers located in jurisdictions that permit online betting, the Unikrn platform provides an opportunity to bet on the outcomes of matches and tournaments through a range of bet types common in more traditional sports betting markets.

On this development, Rahul Sood, CEO and co-founder, Unikrn said, “Working with Jonathan and his team has been an experience to say the least. They have helped us pivot at the beginning, and they always refer to us as ‘we’ even before they pulled the trigger. They’re an incredible partner with vast consumer branding and eSports experience. And, with the help of our other amazing investors, our vision of bringing safe and legal wagering on eSports to consumers around the world is now well within our grasp.”

This round takes the total funds raised by Unikrn to $10 Mn, previously it had raised its seed funding of $3 Mn.


Welcome to Flash Feed, your essential source for breaking news and innovation from around the web – bite-sized and updated all day.


Author

Vishal Singh

Inc42 Staff

For Vishal Singh, football is oxygen, traveling is living, night is day, online gaming is serious sport and superheroes are real. Yes, real. And like the call sign of any superhero, one can always find him enrapt to his laptop screen. His passion lies in writing pieces that would get the brain engines of readers churning and aspires to one day be known by his opus.

Responses
https://inc42.com/flash-feed/mycfo-funding/
Loading Next…

Upcoming Events