News
Epic Games Forges New Financial and Strategic Partnerships
October 26, 2018Strategic investment partners include KKR, ICONIQ Capital, Smash Ventures, aXiomatic, Vulcan Capital, Kleiner Perkins, and Lightspeed Venture Partners CARY, N.C.–(BUSINESS WIRE)–Epic Games is pleased to announce it has received an investment of approximately $1.25 billion from KKR, ICONIQ Capital, Smash…
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Esports Ownership Group aXiomatic Secures Investments from Michael Jordan and Declaration Capital
October 25, 2018Capital will support continued growth of esports brand Team Liquid. LOS ANGELES- As part of an ongoing mission to empower unforgettable esports experiences, esports ownership group aXiomatic today announced the addition of Michael Jordan and Declaration Capital as investors. “The…
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Team Liquid Beats Cloud9 For Second Straight NA LCS Title
September 9, 2018Team Liquid ended Cloud9’s Cinderella run in style on Sunday with a 3-0 sweep to claim its second straight North American League of Legends Championship Series Summer Split title at the Oracle Arena in Oakland, California. Team Liquid, led by…
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Making Entrepreneurial Magic
June 1, 2018Growing up in Lansing, Michigan with nine brothers and sisters, Earvin “Magic Johnson was given his iconic nickname after a journalist saw one of his high school basketball performances. Five NBA championships, twelve All-Star appearances, and three MVP awards later,…
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Team Liquid Parent aXiomatic Raises $25 Million in Series B Investment
May 22, 2018Team Liquid parent group aXiomatic has raised $25 million in a Series B funding round led by Golden State Warriors executive board member Bruce Karsh, according to an April document filed with the Securities and Exchange Commission. The round includes…
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Esports training facility brings gaming another step closer to traditional pro sports
May 10, 2018SANTA MONICA, Calif. — On a Tuesday morning in March, five half-awake young men comprising the Team Liquid roster shuffled into the esports franchise’s new training space. They walked through the neon-accented foyer and into the dining area, where they…
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Team Liquid Beats 100 Thieves to Win NA LCS Spring Split
April 20, 2018Team Liquid obliterated 100 Thieves in a 3-0 sweep to claim the North American League of Legends Championship Series Spring title on Sunday in Miami. Despite 100 Thieves claiming the No. 1 seed going into the playoffs, Team Liquid was…
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Bruce Karsh Joins Powerhouse Esports Ownership Group Axiomatic As Co-Executive Chairman
March 6, 2018LOS ANGELES ― aXiomatic Gaming today announced Bruce Karsh, Co-Founder and Co-Chairman of Oaktree Capital Management, has boarded the esports and gaming platform as investor and Co-Executive Chairman. Karsh joins a Board already brimming with sports, entertainment and investment titans….
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What Disney’s Acquisition of 21st Century Fox Could Mean for Esports
December 15, 2017The Walt Disney Company’s $52.4 billion acquisition of 21st Century Fox upturns every one of its business strategies, from billion-dollar franchises to streaming and international reach. You can be sure this will impact esports in a big way. Disney made…
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Esports and Kids: Welcome to the Big League
November 13, 2017eSports is attracting media players like Disney and Nickelodeon—but which has the upper hand when it comes to kid audiences? Two days. Bright lights. 100,000 screaming fans. All the elements of a full-blown rock festival are in play at a…
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How Team Liquid Put Together the Most Profitable Day in Esports Franchise History
August 17, 2017Team Liquid had the greatest single day — at least financially — for an esports organization in the history of competitive gaming on Saturday. At Key Arena in Seattle, Liquid’s Dota 2 squad walked away with $10.8 million in prize…
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Computer Game Tournaments Go Mainstream
August 17, 2017FIREWORKS detonated, smoke wafted over the stage and confetti began to fall. Seventeen thousand fans cheered the European players of Team Liquid, with monikers like “MinD_ContRoL” and “MATUMBAMAN”, who had just triumphed over a Chinese side to win The International,…
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