ScoreStream Raises Undisclosed Funding

ScoreStream, a Del Mar, Calif.-based crowd sourcing platform for capturing and syndicating local sports content to consumers and media companies, received a funding of undisclosed amount.

Backers included Intel Capital, Intel’s strategic investment and M&A organization, Avalon Ventures, Sinclair Broadcasting, R/GA and Verizon Ventures.

The company intends to use the funds to create new product enhancements and extend its platform capabilities.

Led by Derrick Oien, CEO, ScoreStream provides a crowd-sourcing platform for live local sports. Its mobile app engages fans through crowd-sourced scores, photos, video and chat from over 10,000 games per week from around the world.
Intel Corporation and the company have also entered into a business collaboration agreement, under which they will collaborate regarding certain technical, marketing and sales activities. ScoreStream also has partnerships with most of the major broadcast television groups, iHeart Media, and the Associated Press.



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