After Raising $275M, FanDuel Acquires App Developer Kotikan

Only last week fantasy sports startup (although it was started in 2007…) FanDuel raised $275 million in a Series E round, taking the total capital raised to date to $363 million. That put it into the $1B valuation bracket, making one of the few startups out of Scotland to achieve the ‘Unicorn’ status. It’s now clearer why they are raising these amounts: acquisitions.… Read More...