MLG Investment

[NTNTNT]

Hi all,

Just wondering if anyone had the list of the amount of investment MLG got over the last 10 years or so. If you could tell me how much and what year it would really help me.

Thanks

[ZeroCool]

this might be a question you ask someone straight from mlg, I have found that using the new chat feature on mlg works best as you can have direct conversations with MLG employees.

[bradsears]

MLG's total funding is currently set as $52.5 million according to the Reuters press release regarding their partnership with IMG Media.

[heuer89]

I'm assuming you are talking about the amount of Venture Capital funds they have raised to date.

Going upon this assumption, they have raised $52.5 million as of December last year with the most recent round of $10M with Oak Investment Partners and Legion Networks. I will post a better breakdown here when I get the chance but the other amounts have been $10M, $25M, and $7.5M if my memory serves me right.

EDIT:

February 2006: MLG secures $10M in funding from Ritchie Capital (http://paidcontent.org/article/major-league-gaming-gets-10-million-funding/).

October 2006: MLG acquires GameBattles.com (http://paidcontent.org/article/major-league-gaming-buys-gamebattlescom/).

December 2006: MLG secures $25M in funding from Oak Investment Partners (http://paidcontent.org/article/major-league-gaming-gets-25-million-funding/).

June 2007: MLG acquires GotFrag.com (http://paidcontent.org/article/419-major-league-gaming-acquires-info-site-gotfrag/).

January 2009: MLG secures $7.5M in funding from Oak Investment Partners and Ritchie Capital (http://paidcontent.org/article/419-major-league-gaming-gets-7.5-million-in-funding/).

August 2009: MLG acquires Agora Games (http://paidcontent.org/article/419-mlg-acquires-gameplay-data-firm-agora-games/).

December 2010 / First Quarter 2011: MLG secures $10 in funding from Legion Enterprises and Oak Investment Partners (http://venturebeat.com/2010/12/20/major-league-gaming-raising-10m-for-tournament-gaming/)

I hope this is what you were looking for. If you were inquiring about the sponsors rather than the venture capitalist funding, I believe you will be out of luck as MLG does not release that information to my knowledge.

[chris_cr33p]

yeah heuer!!

[NTNTNT]

Thanks all so much!

[Cinderella_Man]

@heuer ... beautiful!

[SullyVan]

I'm assuming you are talking about the amount of Venture Capital funds they have raised to date.

Going upon this assumption, they have raised $52.5 million as of December last year with the most recent round of $10M with Oak Investment Partners and Legion Networks. I will post a better breakdown here when I get the chance but the other amounts have been $10M, $25M, and $7.5M if my memory serves me right.

EDIT:

February 2006: MLG secures $10M in funding from Ritchie Capital (http://paidcontent.org/article/major-league-gaming-gets-10-million-funding/).

October 2006: MLG acquires GameBattles.com (http://paidcontent.org/article/major-league-gaming-buys-gamebattlescom/).

December 2006: MLG secures $25M in funding from Oak Investment Partners (http://paidcontent.org/article/major-league-gaming-gets-25-million-funding/).

June 2007: MLG acquires GotFrag.com (http://paidcontent.org/article/419-major-league-gaming-acquires-info-site-gotfrag/).

January 2009: MLG secures $7.5M in funding from Oak Investment Partners and Ritchie Capital (http://paidcontent.org/article/419-major-league-gaming-gets-7.5-million-in-funding/).

August 2009: MLG acquires Agora Games (http://paidcontent.org/article/419-mlg-acquires-gameplay-data-firm-agora-games/).

December 2010 / First Quarter 2011: MLG secures $10 in funding from Legion Enterprises and Oak Investment Partners (http://venturebeat.com/2010/12/20/major-league-gaming-raising-10m-for-tournament-gaming/)

I hope this is what you were looking for. If you were inquiring about the sponsors rather than the venture capitalist funding, I believe you will be out of luck as MLG does not release that information to my knowledge.

Can always count on heuer!:D