Azubu finishes funding round to grow eSports network

Investors have provided Azubu €55m in the eSports company’s latest round of funding.

According to the announcement, Swiss group Sallfort Privatbank and London’s own Sapinda Group are among those investing in Azubu’s expansion.

The firm aims to put the money toward the continued development of its current platform, Azubu 3.0, as well as general growth and expansion into new territories.

Azubu adds the investor interest comes from the rapid rise in eSports livestreams – which it states is the fastest-growing sector in media today, reaching upwards of 100m viewers each month.