Faceit Secures $15M in Series A Funding
Summary
Faceit, a London, UK-based provider of a competitive gaming platform, secured $15m in Series A funding.Founded in 2012 and led by Niccolo Maisto, CEO, Michele Attisani, COO, and Alessandro Avallone, Chief Gaming Officer, Faceit provides a competitive platform for online multiplayer games which allows players to play in tournaments and leagues for virtual and real-world prizes through automated tournament management and matchmaking technology.Faceit currently serves hundreds of tournament organizers and over 3.5 million users logging an average of more than 3 game sessions per day.Over the past year, the company has signed collaborations with various partners, including Twitch, Valve, Time Warner’s Turner Broadcasting, and Hollywood juggernaut WME|IMG and will be announcing new game integrations, partnerships, and product features over the coming months.This month, it also opened a Los Angeles office, establishing a North American presence to further strengthen relationships with U.S.-based developers, publishers, and other partners.