Today, we’re excited to announce that Duane Park, a sports and entertainment company, has secured a $8.5M Series A Round of funding, led by Economic Times and Rooter. This is a huge milestone for our company and testament to the commitment of our investors.
Duane Park is a multi-sport company that allows users to participate in amateur leagues, tournaments and gaming events. We leverage technology to define the future of amateur sports in a streamlined, engaging, and sustainable manner. Our mission is to provide gamers, athletes, and entertainment enthusiasts unmatched ability to reach their goals.
The addition of capital from Economic Times and Rooter will extend our capabilities and resources to better serve our users in markets around the world, and launch new features and products. We will also use the capital to expand our team and hire the best talent. This investment will also help us to build out a self-reliant, customer-centric tech platform for the development of future products. We are focused on our goal of offering a one-stop shop for amateur sports and entertainment, from managing team rosters and scheduling tournaments, to providing expert analysis and commentary.
In addition to the Series A funding, we have partnered with Economic Times and Rooter to bring strategic and expansive mentorship and guidance to our team. We are humbled and proud to have them join this journey with us.
We appreciate the confidence placed in us and view this fund as an endorsement of our vision and progress. With this investment, we are confident that we can further expand our offerings to make a true and lasting impact on the amateur sports and gaming industries. We are excited to continue this journey and make an impact on the future of sports and entertainment.
Economic Times and Rooter Invest in Duane Park’s 8.5M Series A Round
The financial world was taken by surprise today when Economic Times and Rooter announced their joint investment in Duane Park’s 8.5M Series A Round. Duane Park is a software startup that focuses on developing innovative solutions for the retail industry.
The investment from Economic Times and Rooter is a testament to the potential of Duane Park, which has quickly established itself as an up-and-coming player in the retail software space. This investment will allow Duane Park to expand upon their existing platform, enabling the company to become a leader in the retail technology market.
Duane Park has developed a number of new products that capitalize on the latest advancements in technology. The company’s platform offers a comprehensive suite of services to retailers, including interactive product displays, data insights, personalized marketing, and more. The startup has already partnered with major retailers in the US and Canada, such as Macy’s, Neiman Marcus, and Sephora. With this new investment, Duane Park can now expand its reach even further.
The joint investment from Economic Times and Rooter is a clear indication of the growing potential in the retail tech space and the immense success of Duane Park. With this investment, the company can continue its journey to becoming the leader in retail technology solutions. It will be exciting to see what Duane Park can achieve in the near future.
Maus Platform Announced by Duane Park Following 8.5M Investment
Duane Park, the world’s first venture fund to focus on decentralized finance (DeFi) solutions, has announced its very own blockchain platform – Maus.
Maus is a blockchain platform specifically created to support DeFi projects. It offers a variety of features and tools that developers need to launch and maintain their projects over time. Maus is currently in its early stages and is on track to enter its public alpha stage next quarter.
The Maus blockchain is built on Tendermint core and is a proof-of-stake consensus algorithm. This means that it is powered by validators and coin holders who help to secure the network. Maus also features a smart contract platform that enables developers to create their own applications and launch them on the blockchain. Additionally, Maus has support for multiple currencies, allowing users to interchange between the various tokens on the platform.
This announcement comes just days after Duane Park announced their $8.5 million investment in Maus’s development. This funding will be used to help accelerate the platform’s progress and ensure its stability and security. The team behind Maus also plans to use these funds to add more features and to continue to improve the platform over time.