U.S. esports platform builder PlayVS has acquired high school esports teams infrastructure provider GameSeta to accelerate its growth phase and support its expansion into the Canadian market. PlayVS did not disclose the financial terms of the deal.
As part of the acquisition, Tawanda Masawi and Rana Taj, who founded the Vancouver-based startup GameSeta in 2019, will join PlayVS and lead its Canadian operations, including a partnership with BC School Sports, the governing body for organized school sports in British Columbia.
Alongside its geographic expansion, PlayVS revealed that it plans to expand beyond high schools and colleges by launching a direct-to-consumer product. PlayVS currently has an exclusive partnership with the National Federation of State High School Associations (NFHS) and is active in the college market through a collaboration between PlayVS and Fortnite maker Epic Games.
PlayVS, which was founded by Delane Parnell at the beginning of 2018, has raised more than $100M USD in funding so far, including a $50M Series C financing round led by New Enterprise Associates in September 2019.
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