U.S. video game and esports company Envy Gaming has bagged $20 million in new funding round.

The company will use the funds to further its development in North Texas for the U.S. professional overwatch team, Dallas Fuel and Team Envy brands, that contest in several gaming titles.

Envy Gaming will also use the capital to infuse in rapid growth in competitive video gaming and to pursue new opportunities.

The company, which relocated to Dallas last year, raised the new funding from a dozen of investors.