Daily Summary
Underdog, a fantasy sports and betting app, raised $70 million in a Series C funding round, which valued the company at $1.2 billion. The round is part of the company's effort to exceed $100 million in total funding.
Underdog Raises $70 Million in Series C Funding, Valuing Company at $1.2 Billion
Underdog raised $70 million in Series C funding, valuing the company at $1.2 billion, with the funding round expected to exceed $100 million.