Cloud9 Closes on Funding from Investors, Joe Montana, Alexis Ohanian

Cloud9, an iconic North American eSports brand, today closed a Series A financing round with investments from a plethora of sports figures and Silicon Valley co-founders. The funding was for an unspecified amount in the millions, according to the LA Times.

Leading the pack is Daniel Fiden of FunPlus Ventures, the massive Chinese social game development company. The full list of investors include: Hunter Pence, San Francisco Giants outfielder; Alexis Ohanian, Reddit co-founder; Joe Montana, San Francisco 49ers Hall of Fame quarterback; Andrew Bogut, former NBA center; Chamath Palihapitiya, Golden State Warriors co-owner; Antonio Gracias, Kimbal Musk, Tesla board directors, as well as investor Bill Lee; Rick Thompson, Signia Venture Partners co-founder; Ken Howery and Brian Singerman, Founders Fund co-founder and partner, respectively; Min Kim and Rob Pardo, Bonfire Studios co-founders; Josh Yguado, Jam City co-founder; Todd Boehly, LA Dodgers co-owner and Eldridge Industries founder; United Talent Agency.

In a statement, Reddit co-founder Alexis Ohanian likely expressed the feeling of many of the investors entering eSports.

“Growing up, I wanted to own an NFL team,” Ohanian said. “Now, the obvious move is to invest in an eSports franchise and I'm thrilled it's Cloud9.”