Cloud9 raises $25 million, and investors include WWE and Wizards co-owner

Esports organization Cloud9 announced today that it closed a $25 million round of Series A funding. Some of the investors from the seed round earlier this year have joined, such as Founders Fund and the tech investor Bill Lee, who put in a joint investment with tech investor David Sacks. The Series A has again attracted investors from the traditional sports world, such as Washington Capitals and Wizards co-owner Raul Fernandez; the Beverly Hills Sports Council; Michael Ovitz, the cofounder of talent and sports agency Creative Artist Agency; and World Wrestling Entertainment.

In addition to raising the funds, Founders Fund partner Brian Singerman will be joining Cloud9’s board of directors. WWE and San Francisco Giants outfielder Hunter Pence, who invested in the seed round, will be joining as board observers.