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SoftBank Ventures and CE Ventures Invest in PlaySight

2018-06-25T19:39:19+00:00April 25th, 2018|Categories: Articles, Featured|

CRESSKILL, N.J., (April 25th, 2018) – PlaySight Interactive, a leading global sports technology company, is pleased today to announce today an extension of its Series C financing round to $21 million, welcoming new investors SoftBank Ventures Korea, a SoftBank Group early stage venture capital arm based in Seoul, and CE Ventures from Hong Kong.

Selected in both 2017 and 2018 by Fast Company as one of the “10 Most Innovative Companies in Sports,” PlaySight is driving change and innovation throughout all levels of sport. Its Smart technology is now utilized globally in over 20 countries and across 25 sports, including tennis, basketball, soccer, football and volleyball. PlaySight-powered teams include the 2015 and 2017 NBA Champion Golden State Warriors, the 2017 NCAA Champion North Carolina Tar Heels, over 50 NCAA tennis programs, the United States Tennis Association, and leading clubs, academies, federations and schools across the globe.

“PlaySight’s vision is to become the technology platform of choice used by the mass market of youth, amateur and professional sports,” said Jay Choi of SoftBank Ventures Korea. “It is only a matter of time before all competitive sports will adopt video and connectivity solutions in their courts and arenas, and PlaySight offers the highest performance solution and innovative business models to suit customers of all types.”