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September 19, 2007

Danish Startup Enters Booming eSport Market At Speed

regroup_logo.gif
Who knew that watching gamers compete against each other live and online would be so popular that you could build a new category of entertainment business on top of it? We didn't. Your a:c euro reporter is into watching soccer so the photos on the homepage of Electronic Sports World Cup (ESCW), which is the source of those Then and Now shots below, were a bit of surprise.

With an eye on that growth, no doubt, Copenhagen-based Regroup Esports, has raised 'several millions' in new capital from Preben Damgaard, the Danish ERP software entrepreneur [via Library House's data rich weekly newsletter].

From 2003
image_eswc2003_4.jpg
ESCW belongs to games-service (formerly Ligarena) the French company behind the series.

To 2007
ESWC2007-d.jpg
And ESCW is just one of several competition marketers/organizers.

Regroup, through acquisition operates some popular web properties where gamers from around the world gather and compete. It covers electronic sports for both the PC and Console market.

It has hit the ground running since starting up: acquiring 5 gaming communities and an online community software startup; while raising capital from SEED in Denmark and now from Damgaard's private investment vehicle.

View Regroup

Posted on September 19, 2007 08:02 AM | Posted to News And Updates | Permalink

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