Verizon has injected capital into PlaySight, a sports technology company that will use the money to support a global expansion and to enter new sports verticals.
US-based sports technology provider PlaySight received an $11m investment on Friday from backers including Verizon Ventures, the corporate venturing subsidiary of telecoms firm Verizon.
The round was led by angel investor Greg Norman, through his family office and alongside his business partner David Chessler.
PlaySight’s platform SmartCourt uses multiangle video and analytics technology to help athletes improve their performance. The company has attracted dozens of partners in tennis and other sports, and will use the money to expand into additional…
