FanDuel Closes $275 Million Financing From KKR, Google Capital
- Time Warner Investments, NBA and NFL Owners Also Join Round
- Founded in 2009, FanDuel has raised $363 million in capital
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Daily fantasy sports company FanDuel Inc. raised $275 million in Series E financing, led by KKR & Co. and including Google Capital, Time Warner Investments and Turner Sports.
Several National Football League and National Basketball Association team owners also participated in the round, bringing FanDuel’s capital raised to $363 million, the New York-based company said in a news release. The NBA itself already was an investor.