08.08.19

WSC Sports raises $23 million to turn sports broadcasts into highlight reels with AI

VentureBeat

WSC Sports, a Tel Aviv-based startup developing an AI-powered video creation tool for sports content, today revealed that it recently closed a $23 million series C round led by Ofer Global’s O.G. Tech Ventures, along with NTT DOCOMO Ventures and HBSE Ventures. A raft of other investors including Intel Capital, Dan Gilbert’s Detroit Venture Partners, Elysian Park Ventures, WISE Ventures (Wilf Innovative Sports & Entertainment Ventures, the investment firm founded by Minnesota Vikings owners Mark and Zygi Wilf), 2BAngels, and iAngels also participated, bringing the company’s total raised to $39 million.

The newfound funds follow on the heels of a $12 million series B in September 2018, after a three-year period in which WSC doubled its customer base and revenue year-over-year. More recently, the company expanded its headcount over 100 people globally and hired on advisors David Stern, commissioner emeritus of the NBA, and John Kosner, former vice president of digital media at ESPN.

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