VersusGame raises $25 million for a mobile gaming platform

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VersusGame has announced that it has raised $25 million in a new fundraiser. It plans to use the funding to grow its platform and staff, as well as increase its partnership efforts.

Round investors include Apex Capital, Brightstone Capital Partners, Feld Ventures, Gainles, Kombo Ventures, Lifeline Ventures, Moonshots Capital, NewView Capital, Plus Eight Equity Partners, Republic Capital and TribeJoint Amenti. Other investors include David Dobrik and fashion retailer Revolve.

VersusGame allows content creators to launch “prediction contests” to viewers, who can win cash and prizes. Companies that have created such contests include BuzzFeed, Billboard, ESPN, UFC, and The Walking Dead. Ankit Sud, Director of NewView Capital, said of the platform, “The VersusGame platform built around people’s habits and knowledge is built for growth. Coupled with a passionate founding team and the rise of social gaming, we believe VersusGame is positioned to succeed in today’s connected world.

John Vitti, Founder and CEO of VersusGame, said in a statement, “Knowledge is power and through VersusGame we are empowering people to enjoy it in a fun and exciting way through competition. Today’s fundraising close is an important time to drive engagement and reward people by seeing their value. It’s time to give back, not just take.

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