AI powered content platform, WSC Sports is looking to expand its geographic growth with the confirmed raising of $23 million in Series C funding, bringing the company’s total amount to $39 million.
Led by Eyal Ofer’s O.G. Tech Ventures (“O.G. Tech”) – the international tech investment arm of Ofer Global, along with NTT DOCOMO Ventures, HBSE Ventures – the venture arm of Harris Blitzer Sports & Entertainment, Maor Investments, ISF and Go4it Capital, the funding will be utilised to elevate the group’s sports and sports betting products.
Following June’s announcement that David Stern, Commissioner Emeritus of the NBA and John Kosner, former Vice President of Digital Media at ESPN, have joined WSC Sports as advisers, WSC will also boost its Board of Directors, when Roy Oron, Managing Director at O.G. Tech joins be joining the company’s board of directors.
Daniel Shichman, CEO and Co-Founder, WSC Sports commented: “I am thrilled that such strategic investors have joined WSC Sports and am incredibly appreciative that our existing investors believe in the company and continue to support us. I am proud of what we have built so far with our amazing team and unique culture, and confident this new round of funding will help us to continue to grow and impact the way sports media rights owners provide the best experience to their fans.”
Eyal Ofer, Chairman of Ofer Global, added: “We are proud to be a part of WSC Sports’ journey as it leads the way in revolutionising the way in which people consume sports around the world. O.G. Tech’s lead role is consistent with our strategic ambition of focusing on unique growth opportunities led by exceptional founders. We are delighted that this funding will help the company with its global expansion across new sports, products and countries.”
WSC Sports’ AI technology generates personalised and automatic sports video content in near real-time. WSC has worked with a host of well regarded tier-1 clients including NBA, Bundesliga, PGA Tour, US Open, Bleacher Report, Discovery, MLS, FIBA, Cricket Australia, WarnerMedia and many more. In 2018, WSC Sports analyzed more than 17,000 sporting events and produced more than 850,000 videos for its customers.