Millennium Search Client FanDuel Raises $275 Million…. Is an IPO Next?

Millennium Search Client

If you are a sports fan odds are you have had of the daily fantasy leader and Millennium Search client FanDuel. FanDuel was founded in a backyard in Texas in 2009 when 5 co-founders sat around and brainstormed the idea for daily fantasy sports. They later debuted their platform at the 2009 SXSW convention in their backyard of Austin, Texas. Shortly thereafter they hired us to help build their team with top notch talent and have since grown to be the leader in this multi-billion dollar market.

Just a few weeks ago FanDuel raised their Series E round, an astonishing $275 million! With football season right around the corner there will be nothing but more momentum for the company which could lead them into an IPO. In fact, in an offering letter for the Series E round that just closed it stated “This round of funding for FanDuel is expected to be the last capital raise for the company prior to their IPO,”.

This goes to show that having a great product with a world class team equals success. Here at Millennium Search we are the industry leaders of recruiting and as you can see above we build world class teams.

If you would like more details on the fund raise you can check out this article on Forbes: http://www.forbes.com/sites/darrenheitner/2015/07/14/fanduel-raises-another-275-million-is-an-ipo-next/.

Real Time Web Analytics