ShotTracker raises $10.4M round featuring former NBA Commissioner David Stern
May 16, 2018 | Bobby Burch
Merriam-based ShotTracker is fueling its global expansion via a large funding round featuring several high-profile investors.
The sports tech company announced Wednesday that it raised a $10.4 million Series A financing round led by Ward.Ventures, NBA commissioner David Stern and two-time National League home run champion, Ryan Howard. The round also includes Greycroft, Elysian Ventures, KC Rise Fund, Irish Angels and SeventySix Capital.
ShotTracker co-founders Davyeon Ross and Bruce Ianni.
The injection of new capital brings ShotTracker’s total funding to more than $21 million, which includes an investment by NBA legend, Earvin “Magic” Johnson.
ShotTracker’s TEAM system tracks multiple players with an array of sensors — secured to each player, within each Spalding basketball, and in the rafters — plotting the games’ shots in real time.
ShotTracker will use the funding for growth and scalability to increase installations in courts around the United States and to solidify global partnership opportunities, said Davyeon Ross, co-founder and COO of ShotTracker.
“This additional funding allows ShotTracker to execute on its vision and accelerate the proliferation of our product across the market,” said Ross. “Whether you’re a fan, a player, a coach, a broadcaster or a market maker – ShotTracker is changing the overall experience of the game. There are significant changes happening in sports and ShotTracker is poised to capitalize on those industry changes with its real-time data.”
In March, the company released its new ShotTracker fan app for the Division 1 NAIA basketball tournament. The app combines real-time analytics with augmented reality in a first-of-its-kind fan engagement tool that displays game and player information on fans’ smartphones.
ShotTracker recently earned a bronze Edison Award in the category of “Digitized Data.” The tech is being used by the University of Kansas, the University of Oklahoma, TCU, Baylor and several other top collegiate basketball programs.
ShotTracker was co-founded by Ross and Bruce Ianni. To learn more about the firm, check out the video below.
2018 Startups to Watch
stats here
Related Posts on Startland News
The future’s around the corner at KC’s Compute Midwest
Bold ideas with the promise to revolutionize tomorrow are heading to the City of Fountains for a growing technology conference. Now in its fourth year, Compute Midwest is set to explore technologies and ideas transforming the future, including space travel, self-driving cars and artificial intelligence. In addition to learning about the latest in technology, Compute…
Tour the UMKC Entrepreneur Hall of Fame
Startland News took the opportunity Friday to tour the UMKC Entrepreneur Hall of Fame, which opened in late 2014. The hall aims not only to educate visitors on remarkable Kansas City businesspeople, but also celebrate the area’s entrepreneurial spirit. Enjoy!
Google selects two Kansas Citians to bridge digital divide
Two Kansas Citians hope to increase digital inclusion by participating in a new fellowship opportunity through Google Fiber. Google announced Friday that Eze Redwood and Leslie Scott were selected to participate in Google Fiber’s Digital Inclusion Fellowship program, a year-long program created to help community organizations get more people connected to the Web. In partnership…
Acre Designs to build KC’s first ‘net-zero’ home
A local design and architecture firm is building the Kansas City metro’s first net-zero home that will serve as a test lab for innovators aiming to create new smart home technologies. Acre Designs is now wrapping up design plans of its “Axiom House,” a 1,650 square-foot, solar-powered home that eventually will serve as a test…