Sportradar Secures Funding

Sportradar, a St. Gallen, Switzerland-based provider of sports data technology and services globally, secured a new funding of undisclosed amount.

According to reports, the round amounts to $44m.

The round was led by Revolution Growth with participation from Dallas Mavericks (NBA) owner and investor Mark Cuban and Charlotte Hornets (NBA) owner and businessman Michael Jordan. In conjunction with the funding, Ted Leonsis, co-founder of Revolution Growth and owner of the Washington Capitals (NHL), Wizards (NBA) and Mystics (WNBA), will join the company’s U.S. Advisory Board along with Cuban and Jordan.

The company will leverage the capital to build a complementary suite of products and applications for its client base that includes leaders in technology, digital media, fantasy sports, social media and gaming.

Led by Carsten Koerl, founder and CEO, Sportradar provides sports data and information globally, covering over 325,000 live events across 48 sports. Google, Yahoo Sports, Turner Media and Samsung rely on Sportradar for content, comprehensive applications and product development.
The company has secured exclusive partnerships with the NFL, NASCAR, NHL, International Tennis Federation and other 65 worldwide league and federations.

Sportradar is an international organization, employing more than 1,000 developers and sports specialists across 30 locations around the world. Its global headquarters is in St. Gallen, while the US operations are based in Minneapolis, San Francisco and New York City.

FinSMEs

27/10/2015

Join the discussion