WSC Sports, the global leader in AI-driven sports highlights, announced that it closed a $100 million Series D round led by ION Crossover Partners (ICP).
Existing investors, including Intel Capital, O.G. Tech, and Detroit Venture Partners (Dan Gilbert), also participated in the round.
The company plans to use the new funding to support its aggressive growth plans for 2022 and beyond, continuing its expansion into new geographies, sports, and platforms such as OTT, NFTs, sports betting, and more.
In addition, the company is set to recruit more than 150 new employees this year, both in Israel and at its regional offices in New York, Sydney, and London.
Company: W.S.C. Sports Technologies Ltd.
Round: Series D
Funding Month: February 2022
Lead Investors: ION Crossover Partners
Additional Investors: Intel Capital, O.G. Tech, and Detroit Venture Partners
Company Website: https://wsc-sports.com/
Software Category: workflow automation solution
About the Company: WSC Sports provides an innovative workflow automation solution for sports media-right owners, from ingestion of live content to distribution of automatically created short-form videos - Tailor-Made, customized and personalized for every need. WSC’s unique sets of sports video technologies based on AI and Machine-Learning analyzes sports broadcasts in real-time, identify every component in a game, and generate customized highlights of every player, team, and moment to answer any imaginable demand. WSC provides the best way to extract value from sports broadcasts, enabling the creation of new content that answers the diverse demands of multiple stakeholders – broadcasters, federations, leagues, teams, sponsors, and brands while driving fan interaction, hype, and interest. WSC’s platform is being used by leading sports media brands to better leverage sports content, increase fan engagement, strengthen fan loyalty, and create top-notch marketing and promotional opportunities.