AI sports activities highlights co WSC Sports activities raises $100m

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Israeli AI sports activities highlights firm WSC Sports activities right this moment introduced the completion of a $100 million Sequence D financing spherical, led by ION Crossover Companions (ICP). Present traders, together with Intel Capital, O.G. Tech and Detroit Enterprise Companions (Dan Gilbert), additionally participated within the spherical.

The corporate plans to make use of the funding to broaden into new nations, sports activities, and platforms corresponding to OTT, NFTs, sports activities betting and extra. WSC Sports activities can also be set to rent greater than 150 new staff this 12 months, each in Israel and at its regional workplaces in New York, Sydney, and London.







WSC Sports activities surpassed greater than 200 world clients in 2021, as extra rights-holders acknowledged the strategic worth of automating, customizing, and scaling their digital content material efforts to raised have interaction with followers and monetize their content material.

In 2021, greater than 3.4 million highlights had been created utilizing the corporate’s AI-based platform. The corporate additionally launched modern new merchandise and instruments for rights holders to attach with followers, corresponding to WSC Tales. Over 6,000 tales had been created, receiving near 100 million views, with a median CTR of greater than 11%, altering the best way followers uncover and interact with sports activities content material.

WSP Sports activities cofounder and CEO Daniel Shichman stated, “Sports activities media rights homeowners are embracing new methods to attach with their followers and generate new income streams. With new consumption habits shifting at a fast tempo, short-form video has change into a key element in person acquisition, retention, and monetization and our new merchandise that had been launched throughout 2021 for broadcasters, OTT suppliers and sports activities betting operators display the size and number of use-cases our platform helps”.

ICP managing associate Gilad Shany stated, “We’ve got been following WSC’s progress during the last two years and located the crew’s imaginative and prescient and execution extremely spectacular. Content material is king, and we view sports activities content material as one of many crown jewels of the digital age. WSC’s simple expertise management is unlocking worth for various stakeholders within the worth chain. We sit up for participating within the subsequent chapter of WSC’s progress and innovation.”

WSC was represented by Advs. Amir Sadeh and Moshe Sister from the Pearl Cohen regulation agency.

Printed by Globes, Israel enterprise information – en.globes.co.il – on February 15, 2022.

© Copyright of Globes Writer Itonut (1983) Ltd., 2022.


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