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ShotTracker Secures $11M Financing Led By Evertz Technologies And Verizon Ventures
Funding will support accelerated product deployment across NCAA basketball conferences, expand remote live sports production in the cloud with 5G enabled tech for venues, clubs, leagues, and sports rights holders
ShotTracker brings elite-level real time analytics to the court. The company's patented technology tracks data in three parts: a ShotTracker-
With more than 63 Division I men's and women's basketball programs and a growing relationship with Learfield IMG College and their partner schools, ShotTracker's cutting-edge technology is well-positioned to deliver deep data and analytics as well as video, scoreboard and broadcast integration. For its media company and broadcast customers, it currently delivers experiential activations and crossover content opportunities distributed via digital and social platforms.
The Evertz partnership brings to ShotTracker a global leader in providing professional video/audio infrastructure and cloud-based solutions to content creators. The partnership with ShotTracker's advanced real time analytics, will enable content owners to create tailored content for their audience across multiple platforms. With automated camera operations, advanced statistics, and cloud services, producers can augment live production by telling unique stories that enhance the audience's experience (in-venue and/or the broadcast) while realizing additional revenue opportunities.
"Combining ShotTracker sensor data and our DreamCatcherTM suite of products will enrich live productions — on-premise and cloud-based — for broadcasters, leagues, teams, and fans." said Vince Silvestri, Evertz VP of Software Systems.
"As real-time data tracking and analytics become critical components for coaches and players, instantaneous and interactive delivery powered by 5G is critical," said Michelle McCarthy, Verizon Ventures Managing Director.
"The entire ShotTracker team is excited to have the opportunity of working with two such farsighted technology leaders as Evertz and Verizon Ventures, each of whom brings special capabilities to enable us to fulfill our vision," said Bill Moses, ShotTracker CEO.