The minds that launched MLG are now turning their attention to Vindex, launching with initial funding of $60 million in a move to build a “first-of-its-kind global esports infrastructure platform” in addition to announcing the acquisition of Next Generation Esports and the launch of Esports Engine.
The venture was founded by Mike Sepso and Sundance DiGiovanni, co-founders of Major League Gaming, along with Bryan Binder and Jason Garmise, successful fintech entrepreneurs and private investors. The company will be led by CEO Sepso, with the company looking to the talents of more than 100 employees, proprietary broadcast technology and competition management software to equip partners with the industry-leading services and technology needed to scale to an increasingly mainstream global audience. The $60 million Series A round is backed by investors across the hedge fund and private equity world and the company is supported by an industry-leading Board of Directors. Initial board members include Steve Bornstein, former CEO of ESPN and the NFL Network, and Joel Greenblatt, founder of Gotham Asset Management. ”
“Esports has been a vibrant growth story for nearly two decades, and I have been honored to be a part of it, but we’re just getting started. More than ever, esports is driving growth and engagement for the entire games industry,” said Sepso. “We’re here to make those experiences easier to deliver, more scalable, and deeply engaging and rewarding for fans.”