Pixellot, a Tel Aviv, Israel-based provider of automated sports video and analytics solutions, raised $161m in Series D funding.
The round was led by PSG with the participation of existing investor Israeli Secondary Fund (ISF). The round also includes secondary capital from existing investors. As part of the transaction, Ronen Nir, Managing Director at PSG, and Govind Anand, Principal at PSG, have both joined Pixellot’s Board of Directors.
The company intends to use the funds to expand operations, accelerate the growth of the business into new territories and verticals, such as Asia, Latin America and the global youth markets, and to enhance its video, analytics and highlights value proposition to fans, athletes and coaches at all levels.
Led by Alon Werber, CEO, Pixellot has developed AI-automated video production and analytics technology that enables a fully automated end-to-end solution that includes capturing, producing, broadcasting and data analytics. Its AI-Automated technology solutions streamline production workflow by fully automating live sports capture, distribution, and production of over 2 million live games from 70 countries across the globe. The platform supports 17 types of team sports and has deployed its systems at 23,000 courts and venues across 70 countries and produces upwards of 350,000 hours of live sports each month.
FinSMEs
13/06/2022