Esports team Cloud9 gets investment from Joe Montanta, Reddit cofounder in Series A funding

The organization owns and operates some of the top pro teams in games like League of Legends, Counter-Strike, and Hearthstone, and it wants to expand its presence in the esports market that analysts predict will grow 41 percent to $696 million this year.

Source: Esports team Cloud9 gets investment from Joe Montanta, Reddit cofounder in Series A funding