DraftKings Raises $24 Million
DraftKings is a fantasy sports website where users can play with real money. The company has raised $24 million in Series B funding led by Redpoint Ventures with participation from GGV Capital, Atlas Venture, and BDS Ventures. DraftKings previously raised $7 million in Series A earlier this year. DraftKings said that 75% of people that signed up in 2012 were also active in 2013.