Pixellot Raises $161 Million in Series D

by Kay Aloha Villamor in June 14th, 2022

Pixellot, a Tel Aviv, Israel-based the world leader in automated sports video and analytics solutions, announced today it has completed a $161 million funding round

The round was led by PSG, a leading growth equity firm partnering with software and technology-enabled services companies, 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.

Pixellot intends to use the funds to support its global market expansion and enhance its video, and analytics and highlights its value proposition to fans, athletes, and coaches at all levels. With this planned expansion of services.

Company: Pixellot Ltd

Raised: $161.0M

Round: Series D

Funding Month: June 2022

Lead Investors: PSG

Additional Investors: Israeli Secondary Fund, Ronen Nir, Govind Anand

Company Website: https://www.pixellot.tv/

Software Category: AI-Automated Video Production Solutions

About the Company: Founded in 2013, Pixellot produces and live streams more hours of team sports than any company in the world. Pixellot pioneered the concept of automated sports production solutions as an affordable alternative to traditional video capture, production, and distribution systems for professional and semi-professional sports events. Pixellot’s 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.

Source: https://www.businesswire.com/news/home/20220613005154/en/Pixellot-Raises-161-Million-with-a-Goal-to-Accelerate-Sports-Democratization

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