Fanatics has raised $1.5bn in new financing, which now values the U.S. sports platform at $27 billion, sources familiar with the matter said on Wednesday.
Some of the investors in the latest round include BlackRock , Fidelity and Michael Dell’s private investment firm MSD Capital, the sources said.
The company was valued at $18 billion in August, when it raised $325 million from investors including SoftBank Group Corp’s Vision Fund.
Read more: Reuters
