Cloud9 raises $50 million in funding for training and home facilities in LA

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▲ Jack Etienne, founder and CEO of Cloud9

 

According to Forbes and Jack Etienne, the founder and CEO of Cloud9, C9 has received $50 million in Series B funding.


Valor Equity Partners, TrueBridge Capital Partners, Reimagined Ventures, and the founder of Glassdoor Robert Hohman have invested in C9, and Antonio Gracias, founder of Valor Equity Partners, will be joining the board of C9.


With the successful Series B funding, C9 is planning to operate a 20,000 to 30,000 square foot training facility and home base in Los Angeles. All teams in C9 will train at the facility with managing staff, sports psychologists, physical therapists, and chef. The facility will also be a big step towards C9’s next goal, “the Esports analogue to a Little League Diamond.” The facility will be used as a place for inexperienced young Esports players to build more experience in training as a team.


The training facility and home base for C9 in Los Angeles is planned to be completed by the end of 2019.


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