Sports e-commerce giant Fanatics raises $700 million at $31 billion valuation

According to the latest news from YCD, sports e-commerce giant Fanatics raised $700 million in its latest round of financing, with a total valuation of $31 billion. The investment was led by Clearlake Capital, with participation from old shareholders Silver Lake, Fidelity and Softbank. Fanatics was born in Florida, USA in 1995. It started by …