Kore, which provides business management software for entertainment companies and sports franchises, has formed a strategic investment arm and closed its first deal.
US-based business management software provider Kore Software has formed a corporate venturing subsidiary called Kore Software Capital that will make strategic investments of up to $1m in size.
Kore produces software that helps sports and entertainment organisations run their businesses, giving them insight into the behaviour of their fans and customers.
The technology is used by more than 100 major league teams including Spanish football team FC Barcelona, basketball franchises Charlotte Hornets and Oklahoma City Thunder and American football team…