Although several of their divisions would dissolve, by March 2017, the company had ten teams across multiple titles and over one million fans spending a collective 15 million hours following Cloud9 players. That month, Cloud9 received a total of US$28 million from series A funding in a round led by Founders Fund, along with other investors Craft Ventures, former Facebook Inc. executive Chamath Palihapitiya, Reddit Inc. cofounder Alexis Ohanian, and Major League Baseball player Hunter Pence. In July 2017, Cloud9 created their Rocket League division. The following month, Activision Blizzard announced that Cloud9 had purchased a London-based franchise slot for the upcoming Overwatch League (OWL); with the requirement that all organizations in the OWL create separate business entities and branding, Cloud9 created the subsidiary under the name London Spitfire. In November 2017, Riot Games announced that Cloud9 had secured a League of Legends Championship Series franchise slot for a reported US$10 million, marking the second owned franchised team by the company.