This is Public’s third round of funding in a matter of months, bringing its total capital raised to $310 million. The company says the money will be used to scale its platform to keep up with surging demand, as well as roll out new features.
New York Attorney General has ordered homegrown site FanDuel and DraftKings to cease operations in his state. Eric Schneiderman ruled that the fantasy sports sites constitute illegal gambling under state law.
Back Market has become a rising star in the circular economy space, selling discounted refurbished tech to nearly five million consumers globally. The company is now hiring, and plans to use this fresh funding to expand into new markets.