A day has dawned for Sportradar, a renowned sports data provider after the firm announced that it has been accorded a major outlay by the Revolution Growth, a company that is based in Washington and spearheaded by Ted Leonsis worth $44 million.
The funding to the Revolution Growth can be attributed by the efforts of various sports legends including the owner and NBA former superstar Michael Jordan. He was backed up by Dallas Mavericks NBA’s club owner Mark Cuban for the contribution round.
These are not the only main fund raisers of the Revolution growth as Sportradar heads have claimed that both Jordan and Cuban enters a long list of all sports stars and together with Capitals (NHL) and Leonsis owner of the Washington Wizards (NBA) would form a ‘Sportradar US Advisory Board’.
The data provider firm said that the main aim of the formed advisory board would revolve around play a major role in the process of making the foundation known by many as well as making sure that they help the foundation in development as it ventures in the anticipated US sport market. This comes as Sportradar took a precautious move of in attempt to expand its market in indulging in various associations with NHL, NFL as well as NASCAR.
During the investment process, Ted Leonsis claimed that the Sportradar is at the fore front in trying to compliment the main roles that is played by the data itself in attempt to come up with fresh and inventive contents as well as products that would be appealing to the larger public.
He continued to say that the firm has incorporated a very high sophisticated technology that brings development which comes along with a fast, reliable data feeds. This will enable Sportradar to increase its boundaries as it picks up the best place in the multi-billion dollar international sports market.
At the same time, Founder and CEO of Sportradar Carsten Koerl claimed that he was eager to associate with Revolution Growth as they try to initiate one of the best minds in both sports and technology in expanding the products they offer. This will be crucial as they try to incorporate new offerings that would be used in the sporting arena in the near future.
This article is published in: Betting companies
Tags: NBA, NFL
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