UMG Media secures additional financing

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By Ted Liu

UMG Media Corp. has completed a third close of its private placement, raising $[mepr-active rule=”374″ ifallowed=”hide”]Subscriber ONLY content: read our research and get insight on this and other deals. We offer monthly or yearly recurring or one-time trial subscriptions. Subscribe today and see what you have been missing! [/mepr-active][mepr-active rule=”374″]2.846 million from 18 investors from Alberta, Ontario, Turks & Caicos Islands. The company has now raised $5.67 million from 46 investors from Alberta, Ontario, USA, Turks & Caicos Islands, and Barbados.[/mepr-active].

Calgary based UMG Media Corp. is a premier eSports company, offering live gaming entertainment events and online play.

With offices in St. Louis and Calgary, UMG has hosted live eSports events in centers such as Orlando, Nashville, Washington, South Carolina, Niagara Falls, and Dallas. UMG Online has hosted over 14 million online matches, and averages over 1.5 million monthly users.

photo credit: UMG Media Corp.