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Arena Online Nets New Venture Capital Funds

Tuesday, May 3, 2016 5:02:00 AM PDT | VentureDeal



Magnolia, Texas  --  eSports technology company Arena Online has received $835,000 in venture capital debt funding, according to two regulatory filings.

Arena enables players to join online sports teams based on its proprietary matchmaking system.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

A total of 18 investors participated in the offerings.

Arena is still seeking $560,000 in additional debt investment, according to the filings.

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