fuboTV, a NYC-based online provider of live, streaming and curated soccer content, raised $4m in Series A funding.
The round was led by DCM Ventures, with participation from I2BF Digital, LionTree Partners and Luminari Capital, as well as Anthony Vinciquerra, former CEO of Fox Networks Group, and Blake Krikorian, co-founder of Sling Media.
The company, which raised a total of $5.6m, intends to use the funds to grow its premium sports content, build out technical enhancements to its OTT multi-channel distribution platform and hire key personnel.
Officially launched in January 2015 by CEO David Gandler, fuboTV is an Over-the-Top (OTT) streaming service that gives soccer fans access to live global games and tournaments via linear cable networks, 24-hour club channels, TV series and news in one platform.
Currently, fuboTV carries more than half the major international soccer leagues in the world, including La Liga, Serie A, Ligue Un, Primeira Liga, Copa America and English League Cup through carriage agreements with TV networks such as beIN Sports, GoITV and Benfica TV. Additionally, the company holds club partnerships with AJAX Amsterdam, Borussia Dortmund and Everton.
It is a subscription service that is available on user’s desktops via http://www.fubo.tv or mobile through Amazon Fire TV, Android phones and tablets, Chromecast, iPad, iPhone, Kindle Fire and Roku.
FinSMEs
04/08/2015