Underdog Sports Raises $35M at $485M Valuation, Eyes Sports BettingWritten by: Todd Shriber

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Underdog Sports, the rapidly growing paid fantasy sports outfit, raised $35 million in a Series B round of financing, valuing the company at $485 million. The Brooklyn-based company, which operates in the daily fantasy sports (DFS) realm, said it plans to use the fresh capital to hire more than 100 new employees and to push
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