Asset manager Altshuler-Shaham led a round for the sporting highlights generator also backed by existing investors that would have included Baidu.
Pixellot, an Israel-based sports video technology provider backed by internet group Baidu, closed a $16m funding round yesterday led by investment house Altshuler-Shaham that included all its existing investors.
Founded in 2013, Pixellot provides technology that creates a stitched panoramic image of an entire sports field, enabling sporting coverage and highlight generation to be automated and graphics to be added. It will put the funding into sales and marketing.
The company had raised a total of more than $40m as…
