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FanDuel raises $275m after Google and Time Warner investment

14th July 2015 11:04 am GMT

Fantasy sports operator FanDuel has closed its latest financing round, raising $275m through existing investors as well as new high-profile investors such as Google Capital and Time Warner Investments.

The oversubscribed Series E financial round was led by private equity firm KKR (previously Kohlberg Kravis & Roberts), Google Capital, the internet giant’s growth capital fund, and Time Warner Investments, the investment arm of media corporation Time Warner and Turner Sports, a subsidiary of Turner Broadcasting System.

A [...]

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