Vulcun is currently the largest Daily Fantasy site in the world of eSports. Much of this growth has come about from the company’s ability to tap into a vast pool of Angel Investors.
Last October Vulcan raised $1.3 million from San Francisco-based e.ventures and Menlo Park, CA-based Battery Ventures.
In April, a host of venture capital firms and angels participated in a $12 million Series A round of capital for the company, including Sequoia, the leader of this deal.
Vulcan just recently upped its 2015 prize pool to $10 million, making it the second richest prize pool being offered in the eSports sector.
Vulcun is especially active on social media and currently has a $10000 spend budget on Facebook alone.
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– Aaron Goldstein, Gambling911.com