Games and e-sports streaming platform Rooter has raised $25 million in its Series A funding round led by Lightbox, March Gaming, and Duane Park, as well as existing investors such as leAD Sports and Health Tech Partners.
9Unicorns, ADvantage Sports Tech Fund, Capital-A, and Goal Ventures also participated in the round, Rooter said.
The startup was able to facilitate a secondary shares sale for a few of its investors via the funding round, as well as chart an exit route for a few employees through ESOP buyback. It expects to use the fresh funds to double its team size by hiring for various roles in Delhi.