Sports.com, a European internet and mobile data provider of sports content, has today announced a further $13 million (£9.3 million) in equity funding from existing investors, including SportsLine.com, Soros Private Equity Partners and IMG.
It is expected that the funds will enable Sports.com to continue to implement its business plan and thereby achieve profitability.
“Sports.com has built great content, spent carefully, and partnered wisely to become Europe’s clear leader in sports media and betting,” said Ramez Sousou, managing partner of Soros. “This funding enables Sports.com to extend in to new profitable enterprises”.
