Esports platform Edge raises $1.5m

first_imgEsports platform Edge raises $1.5mInvestment will be used for recruitment and improving its tech, which simplifies esports contracts, payments and moreJames BatchelorEditor-in-ChiefFriday 6th November 2020Share this article Recommend Tweet ShareEsports startup Edge has received new investment, injecting $1.5 million into the business.The company is developing a platform that automates and simplifies a lot of the financial transactions around esports, such as contracts with professional players and payments to influencers or other parties.Edge was founded in 2018 by former sports lawyer Adam Whyte, self-taught engineer Scott Hiett, and David Yarnton, founding director of esports firm Gfinity and former boss of Nintendo UK. Related JobsSenior QA Engineer Gaming Studio Baltic Region UK & Europe Big PlanetLead Game Programmer – Quebec Province Quebec Big PlanetSenior Build Engineer – AAA Studio – Yorkshire UK & Europe Big PlanetDiscover more jobs in games The investment will be used to expand the business, hiring people for marketing and business development, as well as more technical talent to improve the platform. It will also be used to help build new features, such as social platform and game implementations.The funding round was led by Blake Picquet, manager of his family office partnerships who have previously invested in a mix of tech and media sports startups, including the Texas Rangers baseball team.Other investors include Green Egg Ventures, Game Tech Ventures, and Robert Reeg, former president of Mastercard Global Technologies.Celebrating employer excellence in the video games industry8th July 2021Submit your company Sign up for The Daily Update and get the best of GamesIndustry.biz in your inbox. Enter your email addressMore storiesCEO says Paradox “can do better” as Q1 profits plummet”We are not satisfied with the quarter,” CEO Ebba Ljungerud saidBy Marie Dealessandri An hour agoStarbreeze’s Q1 losses shrink 95% to $505,000New CEO Tobias Sjögren says “the road ahead is clear” as Payday 3 is fully funded By James Batchelor An hour agoLatest comments Sign in to contributeEmail addressPasswordSign in Need an account? Register now.last_img read more