How FaZe Clan Snagged Investment by Jimmy Iovine During a Pandemic

“There’s a unique spotlight on gaming right now,” CEO Lee Trink tells TheWrap

Gaming entertainment network FaZe Clan closed on a multi-million dollar deal this week in the midst of the coronavirus pandemic, giving the esports company a boost for its roster of 85 video gaming influencers along with the ability to expand its merchandising.

Chief Executive Lee Trink told TheWrap that while the team is working remotely, it closed on the investment from NTWRK, the mobile e-commerce company founded by Aaron Levant and Jamie Iovine, son of music producer and record executive Jimmy Iovine, who also is an investor and limited partner in the company.

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Samson Amore

Reporter • samson.amore@thewrap.com • Twitter: @Samsonamore