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Category:
Business

Splyce earns $2.6 million in latest funding round

Former Los Angeles Lakers forward Metta World Peace is among the investors.
Image of Nicole Carpenter
Nicole Carpenter
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Published: Jun 25, 2018 09:39 am

This article is over 6 years old and may contain outdated information

Esports organization Splyce has closed a $2.6 million funding round led by The Ledger Group, according to ESPN.

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Other investors include former Los Angeles Lakers forward Metta World Peace and former New Orleans Saints safety Roman Harper, Spylce told ESPN. Splyce confirmed the funding round on Twitter this morning.

Related: Splyce to receive a $1.5 million investment from The Ledger Group

It was reported in April that The Ledger Group threw in $1.5 million in funding, and will rebrand to OverActive Media to better serve its esports investments, Askott Entertainment and Enthusiast Gaming, as well as its new Splyce investment. First Serve Partners rounds out the funding. World Peace and Harper came aboard with First Serve, ESPN said.

Splyce current fields teams in League of Legends, Call of Duty, Halo, Rocket League, StarCraft 2, Smite, and Paladins. Spylce is looking to secure a franchising slot in the European League of Legends Championship Series, with the deadline for applications closing on July 1 for the first season in 2019. The organization has been a part of the EU LCS since October 2015.

Related: Sports retailer Foot Locker sponsors Splyce’s European League of Legends team

The League of Legends team recently signed a sponsorship deal with sports retailer Foot Locker for the EU LCS Summer Split. It’s Foot Locker’s first investment in the esports space, as with many of the investors in the new funding round. Foot Locker is expected to support the roster “in both lifestyle and performance” needs.

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Image of Nicole Carpenter
Nicole Carpenter
Nicole Carpenter is a reporter for Dot Esports. She lives in Massachusetts with her cat, Puppy, and dog, Major. She's a Zenyatta main who'd rather be playing D.Va.