The sports media platform, founded by baseball legend Derek Jeter, closed today on a second round of funding (and their first venture capital round) in the amount of $9.5mm. New investor, VC firm NEA, joined existing investor Legendary Entertainment to bring the total amount invested in the company to over $12.6mm.
Azadian Group's Small Business Growth Fund provided bridge financing to the company in anticipation of the closing.
"Thank you again for servicing our funding needs. Your help allowed us to pull down financing at a critical juncture in our company’s evolution." Ray, CFO