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Mobile eSports company Skillz raises $15m in Series B funding

"We see eSports as the future of sports"

Skillz, a company that specialises in mobile eSports with real cash prizes, has secured $15 million in Series B funding round led by led by David Bonderman's Wildcat Capital Management.

Other investors included Marc Lasry, co-owner of the Milwaukee Bucks and The Kraft Group, owners of the New England Patriots.

"With David Bonderman and the owners of professional sports franchises like the New England Patriots and Milwaukee Bucks behind us, we are shaping the intersection of digital and physical sports and defining the future of competition," said CEO Andrew Paradise.

Skillz was found in 2012 and has offices in San Francisco and Boston. Back in September 2014 it took its total funding to $13.3 million thanks to a $6 million round led by Atlas Venture.

Last December founder of Electronic Arts and Digital Chocolate Trip Hawkins joined the company as strategic advisor.

"With more people playing video games than all physical sports, eSports are achieving mainstream adoption, and Skillz is leading the way," added Lasry.

"It's easy to imagine the day when eSports competitions share the same court as the Milwaukee Bucks."

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Rachel Weber

Senior Editor

Rachel Weber has been with GamesIndustry since 2011 and specialises in news-writing and investigative journalism. She has more than five years of consumer experience, having previously worked for Future Publishing in the UK.