- ReKTGlobal has raised a $10.8M USD Series A round from both new and existing investors.
- The round was led by entrepreneur and early investor Nick Gross, who will join ReKTGlobal’s board.
- The capital will help fund Rogue’s international expansion and League of Legends European Championship efforts.
ReKTGlobal , the esports infrastructure services company that owns the Rogue
“Nick Gross and the investors selected for this round bring incredible expertise and connections in the entertainment world…”
Additional investors in the Series A include Rogue co-owner Steve Aoki, members of rock band Imagine Dragons and its manager Mac Reynolds, Live Nation, Maverick Management partner Larry Rudolph, 1916 Management founder Jonny Gordon, and Ozone Entertainment founder Bret Disend. Further investors in the entertainment, media, and sports industries were not specifically named in the release.
ReKTGlobal will use the new financing to help fund Rogue’s franchise participation in the League of Legends
“Nick Gross and the investors selected for this round bring incredible expertise and connections in the entertainment world that will help fuel Rogue’s international growth as a pro gaming powerhouse with esports superstars, celebrity supporters and a rabid fan base,” said ReKTGlobal co-founder, Amish Shah.
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“We’ve believed in the vision of ReKTGlobal’s co-founders Amish Shah and Dave Bialek from the beginning…”
ReKTGlobal acquired majority ownership in Rogue from Aoki in December 2017, as announced last January. Imagine Dragons and its management became investors in May 2018, with two members becoming co-owners of Rogue in the process. Gross was an early investor in ReKTGlobal, and last year, his Find Your Grind organization co-founded the Junior Rogue program to award scholarships and offer brand-building opportunities to young Fortnite
“We’ve believed in the vision of ReKTGlobal’s co-founders Amish Shah and Dave Bialek from the beginning,” said Gross. “By partnering with ReKTGlobal, Find Your Grind was able to bring esports curriculum to high schools across the United States and award $450K in annual scholarships to students interested in exploring esports as a possible life path. “I’m passionate about this space, and it’s exciting to take my involvement with ReKTGlobal to the next level by joining the board, bringing our Find Your Grind and Junior Rogue programs to Europe, and expanding Rogue esports around the world.”