Internet company IAC invests in US fantasy sports site.
US-based media and internet company InterActiveCorp (IAC) has invested an undisclosed amount in local fantasy sports site DraftStreet.
Previously in 2010, DraftStreet raised $1.6m in its series A round from undisclosed investors.
DraftStreet.com was released in 2010 by Left Tackle, which was founded in 2009 and is led by chief executive Brian Schwartz, one of its five founders.
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