Major League Gaming, a provider of cross-platform online video game competition, got an initial close in a $10 million financing commitment to be completed in the first quarter of 2011. The investment
was led by Legion Enterprises, a private-equity firm that invests in, acquires and develops companies geared to the 16- to-24-year-old male digital user. The investment will bring MLG's total funding
raised to $52.5 million.
