The round, which brought total funding to $39m, was led by Eyal Ofer’s O.G. Tech Ventures, the international tech investment arm of Ofer Global, with participation from NTT DOCOMO Ventures, HBSE Ventures – the venture arm of Harris Blitzer Sports & Entertainment, Maor Investments, ISF and Go4it Capital, and existing investors Intel Capital, Detroit Venture Partners (Dan Gilbert’s venture capital firm), Elysian Park Ventures, WISE Ventures (Wilf family, owners of the Minnesota Vikings), 2BAngels and iAngels.
In conjunction with the funding, Roy Oron, Managing Director at O.G. Tech, will be joining WSC Sports’ board of directors.
The company intends to use the new capital to further expand its growth across new sports, products and geographic regions.
Led by Daniel Shichman, CEO and Co-Founder, WSC Sports provides a platform that generates personalized sports videos for every platform and every sports fan – automatically and in real-time.
Currently being used by leading media rights owners such as WarnerMedia, NBA, MLS, US Open, PGA Tour, Bundesliga and others, the company’s platform utilizes advanced AI capabilities to analyze live sports broadcasts, identify each and every event that occurs in the game, create customized short-form video content, and publish to any digital destination.
This enables partners to instantly generate and distribute professionally edited personalized clips and videos on a large scale to engage audiences and maximize video monetization opportunities.
The funding comes after a year of growth for WSC Sports – doubling its customer base and revenue year over year for the last 3 years, growing to more than 100 employees worldwide and expanding its global footprint with offices in New York and Sydney. David Stern, Commissioner Emeritus of the NBA and John Kosner, former Vice President of Digital Media at ESPN, recently joined the company as advisors.
FinSMEs
08/08/2019