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Black Owned Esports Company Raises $50 Million | Shoppe Black

Black Owned Esports Company Raises $50 Million | Shoppe Black

PlayVS, Delane Parnell, African American Business, Minority Owned Business, Black Business, Women Owned Business, Black Women Owned Business, #BuyBlack, KOLUMN Magazine, KOLUMN, KINDR'D Magazine, KINDR'D, Willoughby Avenue, WRIIT, African American Entrepreneur, Black Entrepreneur,

PlayVS, a Black owned Esports company which develops software used to operate high school esports competitions, announced recently that it had completed a $50 million Series C funding round.

The round was led by New Enterprise Associates, which also headed up the company’s $15 million Series A in summer 2018. Other investors in the round include Battery Ventures; CAA cofounder Michael Ovitz; early-stage venture fund Sapphire Sport; Michael Zeisser, former head of U.S. investments for Alibaba; Dennis Phelps of private equity firm IVP; and 01 Advisors, a fund run by former Twitter executives Dick Costolo and Adam Bain.


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