Oulala closes €1.35m funding round

14 December 2016

Daily fantasy sports (DFS) operator and B2B provider Oulala.com has raised just under €1.4 million ($1.5 million) in its latest funding round.

The firm intends to use the funds to gain more traction in the B2B sector, as well as enhance its presence in the European DFS market.

The funding round was led by private investors.

Benjamin Carlotti, managing director of Oulala, said: “The DFS market is currently experiencing a consistent and rapid growth in Europe, which was confirmed by the strong interest from investors during this latest funding round.

“We are very confident that DFS is poised for a solid growth next year. 2017 will be the year of Oulala.”

Meanwhile, Oulala has appointed two new senior members of staff to its sale and business department.

Oliver Niner, formerly business development director at Marathonbet, will take on the same role with Oulala, while Anthony Medica, previously linked with the Summit of iGaming Malta (SIGMA) and Sports Betting Community, is to serve as sales director.

Related article: Oulala sets sights on Latin America with Argentina move