Goldman Sachs Backs Sports Media Company Minute Media
Minute Media has several sports news outlets featuring curated user-generated content
16:03
15.05.18
Goldman Sachs participated in a $17 million funding round for London-headquartered sports media company Minute Media, the company announced Tuesday. The latest round brought Minute Media’s total funding raised to $77 million.
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Minute Media is the publisher behind several sports news outlets: 90min, which is dedicated to soccer, DBLTAP which focuses on esports, and 12up, dedicated to major US sports leagues. The outlets feature curated user-generated content. According to company data, their content is viewed by over 80 million unique users a month. The company lists Sports Illustrated, USA Today and MSN as partners.
Asaf Peled, co-founder and CEO of Minute Media. Photo: PR
Originally founded in Israel in 2011, the company employs 180 people in offices in Tel Aviv, Tokyo, Sao Paulo, Asia, and the U.S.
קראו עוד בכלכליסט:
Phoenix-based venture capital firm Vintage Partners, Tel Aviv-based Reimagine Ventures, and existing investors Boston-headquartered Battery Ventures LP, London-based Dawn Capital LLP and Israel-based Qumra Capital, also participated in the round.
