Another US$30 million of funding has been secured by esports company Immortals LLC, owner of Immortals, Made in Brazil (MIBR), and Los Angeles Valiant.
The company also announced it has rebranded itself as Immortals Gaming Club (IGC), following its acquisition of Brazilian game matchmaking platform Gamers Club.
The company has said that Gamers Club will continue to be operated by co-founders Yuri “Fly” Uchiyama and Juliano “Memelo” Mirandolli, and will still cater for Brazilian CS:GO fans, but will add more games and expand beyond Brazil.
The series B funding round saw commitments from new investors including John Griffin, March Capital Partners, and existing shareholders including AEG, Lionsgate, Meg Whitman, the Milken Family and Steve Kaplan.
Reflecting on the news, CEO of Immortals Gaming Club, Ari Segal, said: “Bringing together a premier platform in Gamers Club and our core esports team operations is a critical and exciting step in enabling IGC to become a vertically integrated, truly global esports and gaming organization.”
“This fundraise is a major milestone in the evolution of this organization and furthers our ambition to build a distinctive, best-in-class esports and gaming organization: a values driven company, focused on promoting and celebrating inclusivity and diversity; a strong management team with complementary endemic and non-endemic experience and expertise; and a uniquely positioned, highly strategic investor base,” he added.
While IGC Board of Directors member and CEO of Quibi, Meg Whitman, commented: “As a Board, we believe in IGC’s differentiated strategy of diversifying its portfolio of assets beyond core esports operations. Winning in esports and gaming requires commitment and patience, and we are focused on building long term sustainable value.”
Another co-founder in Gamers Club, Made in Brazil CS:GO captain Gabriel “FalleN” Toledo, has also become a shareholder in IGC, along with Uchiyama and Mirandolli.
Source: GMB / Ayo News
