FACEIT Finds $15M, Sets Up Shop In LA

FACEIT, a online, competitive gaming site founded in London in 2012, says that it has set up shop in Los Angeles, and raised $15M in a Series A funding round. The funding round came from Anthos Capital, Index Ventures, and United Ventures. FACEIT offers up an online site for competitive gaming and esports, allowing players to compete against each other and to win prizes. The company opened up its Los Angeles office this month, which it says will help it establish a North American presence. The company's founder and CEO is Niccolo Maisto. More information »