After recent investments from Softbank Ventures Korea and CE Ventures, NAVER is the latest to invest in PlaySight and its global multi-sport AI platform

CRESSKILL, N.J., (August 22nd, 2018) – PlaySight Interactive, a leading global sports technology company, is announcing today an investment from NAVER Corporation (“NAVER”). In addition to developing South Korea’s top internet portal, NAVER has launched other global initiatives including LINE, Webtoon and SNOW.  PlaySight intends to use the funds to accelerate its growth in the Asia-Pacific region, and South Korea and Japan in particular.

“We have been looking for the right content, data and media partner as we continue to add more athletes, teams and facilities and are excited that NAVER believes in our expanding vision,” said PlaySight CEO Chen Shachar. “NAVER’s focus on constant innovation and the latest technology developments in artificial intelligence and machine learning is a good fit for us. We also are looking forward to better serving the sports markets of South Korea and Japan through this new partnership.”

Click here to read the release in its entirety.