XOS Digital, Inc., a Boston and Orlando-based provider of content management solutions and digital media services for collegiate and professional sports organizations, completed its undisclosed Series B financing and recapitalization of the business.
The round was led by new investor NewSpring Ventures. It was joined by Dublin Capital and existing investors Blue Chip Venture Company and Beechtree Capital, LLC.
Also participating in the transaction were several business and industry leaders in the Central Florida region.
The capital infusion will fund the ongoing development and enhancement of the XOS Digital Sports Media Distribution Platform and for general corporate purposes.
In conjunction with the funding, three professionals – Christopher Noe, Glenn Rieger and Christopher McCleary – were named as directors of the company’s board.
XOS Digital provides its products and services to over 900 teams in the NFL, NBA, NHL, NCAA, WNBA, NAIA, MLB, AFL, Euroleague and other leading sports organizations.
FinSMEs
24/04/2010