Home / Gaming / E-sports coaching app gets $6 million, because that’s the world we live in now

E-sports coaching app gets $6 million, because that’s the world we live in now



Dojo Madness, a Berlin-based startup that sells analytics and coaching tools to casual and professional online gamers, has raised $6 million in a new round of financing.

Setting aside the on-its-face absurdity that this is actually a thing (I am old and stopped understanding the world about two releases of World of Warcraft ago), e-sports is quickly turning into a business that our current president would characterize as “YUGE.”

The global audience for e-sports is expected to reach nearly 400 million this year (larger than the population of the U.S.), split between enthusiasts and casual viewers, and is expected to grow by 50 percent over the next three years, according to data Dojo Madness cited from the research firm Newzoo.

The latest round of financing for Dojo was led by Raine Ventures, the venture investment arm of the boutique investment banking shop, The Raine Group, and K Cube Ventures, the investment arm of Korean messaging platform Kakao.

Previous investors March Capital and DN Capital also participated in the funding, which brings the total funds that Dojo has raised to $12.75 million.

“Many popular esports titles exhibit a very steep learning curve. DOJO’s products improve the experience and engagement of players in their favorite games, and as such, are equally of great value to publishers. We couldn’t be more thrilled to partner with such an experienced and passionate team,” said Blair Ford, a venture partner at Raine Ventures, in a statement.

Dojo Madness sells automated coaching tools for League of Legends, Overwatch and Dota 2, under the brands LOLSUMO, DOTASUMO and OVERSUMO. The company also acquired the coaching marketplace Leaguecoaching.gg to add interactive coaching with live training sessions to more professional gamers.

If those products aren’t compelling enough to warrant the company’s $12.75 million in funding, consider its data and analytics tools for teams and broadcasters involved in competitions for Global Offensive, League of Legends and Dota 2.

Dojo Madness was founded in 2014 by e-sports veteran and Esports League founder Jens Hilgers, Markus Fuhrmann, the co-founder of Delivery Hero, and Christian Gruber, a digital marketer who previously owned his own agency after a stint at Red Bull Media.

Featured Image: Sam Churchill/Flickr UNDER A CC BY 2.0 LICENSE



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    He additionally made a splash that year on the Asian circuit with a 10th place end on the Major Occasion of the Asia Pacific Poker Tour.

    Gamers should examine with the native tax authorities for particulars and specifics
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    BG Poker Room is a Kolkata based mostly gaming company where technique skilled based video games are played. Recently Nagaland turned the primary Indian State to go the Nagaland Prohibition of Gambling and Promotion and Regulation of On-line Games of Skill Invoice 2015.” We met up with Vaibhav Gaggar, Managing Companion at Gaggar and Associates to
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    In West Bengal, card games like rummy, poker are excluded
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    To me the poker site has to have good know-how and numerous channels to play on: downloadable, browser-primarily based and cell as nicely. You can play on the poker websites mentioned above, but in case you wanted to purchase one thing from the online poker websites retailer, you would not be allowed to. They won’t ship what you purchase to an Indian address so it is best to money within the player reward factors for cash or event tickets. Fraudulent actions within the recreation demotivates the participant and make them abandon the positioning altogether. Nevertheless, the online poker websites in India are heading towards legal troubles as they aren’t complying with Indian legal guidelines.

    Ankit, who has now been taking part in for the last four years often, brings dwelling no less than 2 Lakhs a month via his prowess at the poker tables. Complete 12 teams would participate within the league, with each group allowed to have 9 players. For instance, playing Texas Holdem as a free Poker game trains the gamers in observing the sport, the players, understanding when to boost stakes and induce gamers to fold. I am positive very soon that we will begin dominating the poker area worldwide and win Championship titles.I strongly want that that can embrace a WSOP title! In this variation, the thought is to create the most effective 5-card poker hand from the seven playing cards accessible.

    The Supreme Courtroom Thursday put rummy websites out of the ambit of its scrutiny and chose to concentrate on legality of desk rummy played in golf equipment. CEO of PSL and Nikita Luther, who is India’s prime female Poker professional, will take charge as COO for the league. Perry4Law strongly recommends that each one on-line poker web sites and their respective avid gamers should duly adjust to Indian authorized tips in order that they might not be prosecuted underneath Indian legal guidelines. So these promotions can vary from particular tournaments, prize giveaways, and draws, through to poker points races, enhanced VIP schemes, and lots of others.

    Primarily based on this background and the opinions given by leading legal luminaries and jurists we consider that enjoying online poker for cash is completely authorized in India. This page at Pokerlistings offers a great introduction to how poker bonuses work , plus a listing of some of the most valuable current affords. Nevertheless, we aren’t lawyers and nothing we state here needs to be thought of legal recommendation. In October 2013, The Indian Poker Affiliation, in petitions filed before the Karnataka Excessive Courtroom docket, complained that the police were harassing poker players by submitting cases in opposition to them and raiding poker golf equipment.

    The reason the PSL is an important event for mind sports activities in India is as a result of that is probably the perfect shot poker players should convince the country that poker is just not gambling. India may very well be a larger alternative in comparison with Australia, and when we look at the player base it might be a much bigger one. The leading website for ability primarily based video games in India also presents Rummy to its prospects. If in case you have several high cards in your hand that don’t appear to form a strong poker hand, this might be the the way to play. You can choose from a wide range of world-class on-line poker together with Texas Hold’em Poker Video games, Ring Recreation Poker Games, Sit ‘n Go Poker Video games Tables, A number of Desk Collapsible Tournaments, Multi- Table Tournaments, Free-Roll Tournaments, Enjoyable Cash Poker Games Tables, and plenty of extra!

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