Mainline eSports tournament platform picks up $6.8 million in funding round
The startup platform is ready for the big leagues
Mainline Esports has announced that they racked up close to $6.8 Million during a Series A funding round. The goal is to attract more support to take their platform to new heights, making it a main venue for creating tournaments. This first round was commanded by Work America Capital, who charmed some other stakeholders even coming from the regular sports area. According to Mainline, their sole intention is to make the platform better by adding some more staff. Increasing the current budget for marketing and considering a beneficial partnership with other companies are also among the current plans to improve.
This software was originally launched back in 2016; however, it started as a platform that was focused mainly on collegiate esports. Over the last several years, the platform has grown now to provide an event platform to other well-known video game companies. Dreamhack, PUBG Corp, and Clutch Gaming usually service from the platform to create tournaments and events for their players.
Mark Toon, managing partner at Work America Capital, mentioned there are situations that affect a company that first launches as it was a spaceship. Growing in general also comes with pain, and now they have to solve these new challenges with innovation. “Mainline is standardizing, organizing and optimizing the esports industry, paving the way for more players, more teams, more money and bigger, better tournaments,” said Toon.