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Announced

Completed

Lightbox led a $25m Series A round in Rooter.

Financials

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Transaction Value£18m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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gaming

Friendly

Single Bidder

Private Equity

Acquisition

Domestic

Completed

Gaming

India

Minority

e-sports

Venture Capital

Private

Synopsis

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Lightbox, an investment company, led a $25m Series A round in Rooter, a game streaming and e-sports platform, with participation from March Gaming, and Duane Park Ventures. “Rooter has been growing at a blistering pace over the last 18 months, in tandem with the ballooning mobile gaming market in India, and this fresh infusion of funds by such marquee domestic and international investors only validates our work,” Piyush Kumar, Rooter Founder and CEO.

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