Major League Gaming Scores Funding

Lee, Michael
January 2009
Red Herring;1/8/2009, p2
Trade Publication
The article reports that Major League Gaming (MLG) has received $7.5 million in a follow-on investment from Oak Investment Partners. The funding will go toward acquisitions, broadband programming, infrastructure, and live events. MLG held its 2008 professional games from November 21-23, 2008 in Las Vegas, Nevada. Games included Halo 3, Gears of War, Call of Duty 4, and Rainbow 6: Vegas 2. It previously raised $10 million in a first round of funding from Ritchie Capital and $25 million in second round funding from Oak Investment Partners.


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