Dignitas has raised a $30 million Series A funding round and completed a merger with Clutch Gaming. The two esports organizations will now operate under a newly formed parent company called New Meta Entertainment.
The investment round was led by Ferrtita Entertainment and Harris Blitzer Sports & Entertainment, the two majority shareholders in Dignitas. HSBE originally bought Dignitas in 2016. Tilman Fertitta had acquired Clutch Gaming by buying the NBA’s Rockets in October 2017. HBSE also owns the NBA’s 76ers and NHL’s Devils. New investors that contributed to the $30-million raise include Susquehanna Private Equity Investments, hospitality management company Delaware North, and Steven Rifkind, the co-founder of hip-hop record label Loud Records.