FanDuel Announces Series E Financing of $275 Million from KKR, Google Capital and Time Warner

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NEW YORK--(BUSINESS WIRE)--FanDuel Inc. (www.fanduel.com), the largest one-day fantasy sports operator, announced it has closed $275 million in Series E financing, bringing total capital raised to $363 million. The oversubscribed round was led by KKR with Google Capital and Time Warner Investments, together with Turner Sports, also joining. A number of NFL and NBA team owners participated in the round along with previous investors, including Shamrock Capital, NBC Sports Ventures, Comcast Ventur

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