News

Washington Harbour Partners Announces the Acquisition of Telesto Group

Dec 2, 2021 | Press Release

Arlington, VA – December 3, 2021. Telesto Group, a leading government technology services company, today announced it has received a majority investment from Washington Harbour Partners (WHP), a Washington DC area investment firm focused on technology, government services, and business services. Founded in 2001, Telesto Group is an IT firm with market-leading capabilities in program … Continued

AviaGames Raises $40 Million to Diversify Gaming

Aug 11, 2021 | Business Wire

Female founders create inclusive competition platform where everyone can play, make money and have fun MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–AviaGames, a mobile, skill-based gaming company, today announced $40 million funding from investors including ACME Capital, Washington Harbour Partners and Powerhouse Capital. Previous investors including Makers Fund and Galaxy Digital also participated in the round. The new … Continued

AviaGames raises $40M to diversify mobile skill-based gaming

Aug 11, 2021 | GamesBeat/VentureBeat

AviaGames has raised $40 million to diversify mobile skill-based gaming, where players can compete against each other for cash prizes. The funding is a pretty big win for the female founders of the Mountain View, California-based AviaGames, and it’s an endorsement for their strategy of creating an inclusive competition platform for everybody. But it’s a … Continued

Hedge-Fund Launches Pick Up Despite Covid-19 Pandemic

Aug 3, 2020 | Wall Street Journal

Former Soroban founder Kapadia has raised over $1 billion in committed capital for new firm XN Raising money for a new hedge fund long was contingent on a host of in-person meetings. But a slate of managers are launching sizable startup funds despite complications wrought by the new coronavirus. Hedge-fund manager Gaurav Kapadia has raised … Continued

DraftKings Listing Approved by Blank-Check Firm Shareholders

Apr 23, 2020 | Bloomberg

(Bloomberg) — DraftKings Inc., the fantasy sports and betting site, has won approval from shareholders of a so-called blank-check company allowing it to go public through a reverse merger. Shareholders of Diamond Eagle Acquisition Corp., a publicly traded special purpose acquisition company set up by Hollywood executive turned serial dealmaker Jeff Sagansky, approved the acquisition … Continued

DraftKings goes public without many live sports to bet on

Apr 23, 2020 | CNN Business

New York CNN Business — There are no baseball, basketball or hockey games being played right now. Football, if the season starts on time, won’t be ready to kick off until late August for college and September for the pros. But DraftKings (DKNG), a company that runs fantasy sports games and lets people make legal … Continued