Phoenix, Arizona (PRWEB) May 02, 2017
DUUL, a popular eSports platform provider, today announced that it continues to see massive growth in its user base. The Phoenix-based gaming startup launched less than a year ago and has quickly attracted more than 20,000 active users to its platform. The company projects that it will reach over 100,000 users before the end of the summer.
DUUL operates in the world of competitive video gaming, a market that has generated approximately $500 million in revenue in 2016 and has a global audience of more than 225 million people.
DUUL has built an eSports platform that can work with any game and quickly attracted the attention of Riot Games, producer of League of Legends- recognized as the most popular video game with more than 100 million plays monthly.
DUUL became one of a few select companies in the world to be granted API access to the wildly popular Multiplayer Online Battle Arena (MOBA) video game. Riot Games hosts an annual competitive gaming tournament called The League of Legends World Championship and in 2016 awarded a $5 million prize. The tournament was watched by more than 43 million people - 3 million more viewers than Game 7 of the Chicago Cubs’ winning World’s Series.
DUUL is currently in negotiations with several international gaming companies, including one based in South Korea, the world’s epicenter for online gaming, to license the company’s eSports platform technology. The company recently released a video on YouTube showing the capabilities of its platform, which has so far garnered almost a quarter of a million views.
“We are thrilled with the progress we have made in such a short period of time,” says Gabe Kruse, co-founder and CEO of DUUL. “DUUL is growing rapidly and is exceeding our expectations for user adoption. The deals we are working on now validates the popularity of the platform and will propel the company to new heights.”
DUUL’s founders Gabe Kruse and Aaron Pantoja founded the company in 2015 after winning a local Phoenix venture competition and receiving an angel round of funding from Hansji Venture Fund.
“We invested in DUUL because we see the potential of the platform to capitalize on the increasing popularity of competitive gaming,” says Rajan Hansji, Principal at Hansji Venture Fund. “Gabe and Aaron have developed something truly special and we are proud of their continued success.”
DUUL is an eSports competitions platform for gamers of all skill levels to be able to win money and prizes by playing their favorite games. The company is based in Arizona and has developed proprietary algorithms and mechanisms to make sure that all gaming competitions are tracked and checked to create a level playing field. For more information, please visit https://www.duulnow.com/