North American organisation FaZe Clan has released details on its Series A funding round, in which it raised $40 million (£32 million).
The round was led by Jimmy Iovine and NTWRK, which was unveiled earlier this month.
Those who contributed to towards the funding round include singers and rappers Pitbull, Swae Lee, Yo Gotti, DJ Paul, Ray J, Disco Fries, and Offset. Sports figures such as Nyjah Huston, Meyers Leonard, Gregory Van Der Wiel, Josh Hart, and Jamal Murray also contributed.
Sylvia Rhone, CEO of Epic Records, Troy Carter, actor Chris O’Donnel, radio host Big Boy, and Guy Oseary have also invested in FaZe Clan through this raise.