Epic, maker of ‘Fortnite,’ raises $1.25 billion
SFGate -

"Fortnite" has become one of the biggest video game sensations in the world. Now its maker, Epic Games, is cashing in.

Epic said last week it had raised $1.25 billion from a group that included investment firms like KKR, plus aXiomatic, the owner of the e-sports company Team Liquid.

Behind the investment is the hope that "Fortnite" will remain a global phenomenon. Since it was released last year, teenagers and celebrities like Drake have hailed the game. It has made stars of prominent e-sports...


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