- GAMURS Group has just signed a deal with investment firm Elysian Park, a part of the Los Angeles Dodgers’ ownership group
- Despite the hurdles from years ago, GAMURS is now on the rise, thanks to its clever deals and acquisitions
- GAMURS hopes to double its revenues for the next fiscal year and will increase its efforts
Despite once barely making ends meet, GAMURS has grown to be a powerhouse in the esports media industry. The company has struck a deal with Elysian Park and plans to continue growing.
GAMURS Receives Elysian Park’s Support
Private investment firm Elysian Park joins the ranks of esports investors as it has secured a stake in the GAMURS Group esports media company in the wake of GAMURS’ growth spike. The decision was made in the wake of GAMURS’ recent funding round, which raised $4.75 million in venture capital and $2.6 million from convertible notes sales for a total of $7.35 million.
GAMURS is the company behind the famous esports news outlet Dot Esports. It experienced some tough times in 2019 when it lacked the capital to develop the artificial intelligence tools it was working on. Because of that, GAMURS decided to abandon the artificial intelligence business altogether and instead focused solely on news and media, which in turn stabilized and even expanded its business.
As GAMURS rose, it started striking acquisition deals with other companies such as guides, news, and leaks site Pro Game Guides and media trailers and reviews site We Got This Covered.
GAMURS Envisions Growing Its Business
As a result of GAMURS’ sound decisions, business flourished. It currently boasts the whopping 32 million monthly users who come from all over the world – a number eight times higher than what it used to be.
The company’s chief executive officer and founder, Riad Chikhani, excitedly revealed that in the previous month, GAMURS reached the milestone of a million-dollar of revenue of a single month. However, the CEO is looking forward as he is convinced that the growth spike is not over yet and the company can achieve even more. In the previous financial year, GA