SportsMEDIA Technology Corp.
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SportsMEDIA Technology Corp. - overview
Location
Durham, NC, US
Primary Industry
Software
About
SportsMEDIA Technology Corp. enhances fan engagement by offering advanced data visualization and analytics solutions for sports broadcasts, helping clients transform raw data into dynamic, real-time graphics. SportsMEDIA Technology Corp. specializes in sports technology, focusing on data visualization and analytics.
Based in Durham, US, the company completed a Series A financing round in September 2010, raising USD 12. 5 mn from Vicente Capital Partners. The firm has a current valuation of USD 41. 76 mn.
The company was founded by individuals who aimed to innovate sports broadcasting by integrating technology in fan experiences. SMT (SportsMEDIA Technology) specializes in transforming the fan experience through its data visualization and analytics solutions. Central to their offerings is the OASIS Platform, which converts raw data and video into dynamic, real-time graphics enriched with statistics and predictive analytics. SMT serves clients including major sports leagues and broadcasters, enhancing fan engagement during events across North America, Europe, and Asia.
The technology has been refined over four decades, establishing SMT's reputation in the sports technology field. SMT generates revenue through partnerships with sports entities and broadcasters, engaging in long-term subscription agreements for its OASIS Platform and related services. These agreements provide clients with access to real-time data and analytics to enrich broadcasts and fan interactions, with performance-based metrics ensuring alignment of interests. Specific pricing plans are not disclosed, but the company's established reputation aids in negotiating favorable agreements with sports organizations.
Following the recent Series A financing of USD 12. 5 mn in September 2010, SMT plans to invest in the development of new products within the OASIS Platform to further enhance the fan experience. The company is also targeting expansion into new markets, particularly in Europe and Asia, with plans to solidify its presence by 2025. The funding will support these initiatives, aiding in product innovation and market entry strategies.
Current Investors
Vicente Capital Partners
Primary Industry
Software
Sub Industries
Software
Website
www.sportsmedia.com
Company Stage
Series A
Total Amount Raised
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SportsMEDIA Technology Corp. - employee data
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