Fortnite Maker Epic Games Raises $1.78B Funding for $17.3B Valuation

quot;Fortnite" publisher Epic Games announced $1.78 billion in funding, giving it a post-money equity valuation of $17.3 billion.

Fortnite Maker Epic Games Raises $1.78B Funding for $17.3B Valuation

Techmeme: confirms it is testing a feature in the US that automatically detects products in videos and provides related content links (Damien Wilde/9to5Google)

Techmeme: Sources say Discord is exploring a sale that could value it at $10B+, with one source saying it is in the final stage of negotiations (Dean Takahashi/VentureBeat)

Techmeme: Synnex and privately-held Tech Data, both of which help implement solutions for IoT, cloud computing, and more, say they are merging in a deal valued at ~$7.2B (Larry Dignan/ZDNet)

Fortnite-owner Epic Games worth $28bn as fundraising taps lockdown bonanza, Business News

Techmeme: Interview with Sonos CEO Patrick Spence, who says illegally prices its Echo speakers below cost and can do so by subsidizing from its “monopoly business” (Janko Roettgers/Protocol)

Why Every Brand Needs a Livestream Media and Selling Strategy in 2021 - RockWater

Fortnite-owner Epic Games worth $28bn as fundraising taps lockdown bonanza, Business News

Techmeme: Berlin-based Camunda, which makes open source process automation tools, raises €82M Series B led by Insight Partners and says it has 400 enterprise customers (Ron Miller/TechCrunch)