Australian esports media company GAMURS, owner of Dot Esports, has finished up a $3.5 million round of funding led by Aura Funds Management.

GAMURS, the owner of Dot Esports, completed the funding round with lead investor
Aura Funds Management.

The funding will reportedly sustain GAMURS for another fourteen months. In the past year, GAMURS acquired Daily Dot’s esports section before rolling all of its coverage operations into what is now known as Dot Esports. Despite criticism over its treatment and handling of Esportswiki’s staff, (highlighting the lack of funding for encyclopedic coverage in esports), the company has seen considerable growth over the year.

In addition, GAMURS has partnered with a peer-to-peer social betting company known as Puntaa to bring yet another cryptocurrency into the fold. Known as Skrilla, GAMURS has already announced an ICO for the Ethereum-based currency.

Riad Chikhani, founder and CEO of GAMURS, told the Australian Financial Review that the growth of esports, “has seen rapid growth and every year the projections are well below what actually happens,” adding that “more publishers are focusing on bringing an esports side to the games they’re developing.”

GAMURS has also partnered with peer-to-peer social betting company Puntaa to launch an Ethereum-based currency, with an ICO already announced.

He’s not wrong. Aside from titles like PLAYERUNKNOWN’S BATTLEGROUNDS exploding in popularity, long-time stalwarts such as World of Warcraft have attempted to revive its competitive aspect to be a bigger player in esports. Blizzard even went so far as to add a competitive PvE tournament to Blizzcon known as the Mythic+ Dungeon Invitational, and that’s in addition to essentially every multiplayer title being released these days attempting slide into the esports market.

Chikhani elaborated further on the subject:

“More fans will be created organically because the games they love will become esports titles, and we think there will be between 700-800 million viewers in the next few years.”

GAMURS claims it’s on track to hit 4.5 million monthly users by the end of the year, and hopes to reach 10 million by the end of 2018. This is in comparison to the 2.7 million monthly user numbers currently cited, but is more than achievable in the current esports climate.

 

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