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August 24, 2011 09:29 pm GMT
Bleacher Report may have spent much of its life quietly climbing the rankings of top sports destinations, but it's not being bashful or patient anymore.In a little more than a year, it has hired Brian Grey as its new CEO, a guy who used to run two of its four largest competitors, and it has passed Sports Illustrated and CBS Sports in traffic,beefed up its sales staff, starting hiring a professional editorial team and raised a $10 million round of funding.Today, it's announcing another cash infusion: An $22 million growth round from Oak Investment Partners, with participation from existing investors Crosslink Capital and Hillsven Capital.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/75-08WY5DMw/
As Football Season Kicks Off, Bleacher Report Raises $22 Million More
Bleacher Report may have spent much of its life quietly climbing the rankings of top sports destinations, but it's not being bashful or patient anymore.In a little more than a year, it has hired Brian Grey as its new CEO, a guy who used to run two of its four largest competitors, and it has passed Sports Illustrated and CBS Sports in traffic,beefed up its sales staff, starting hiring a professional editorial team and raised a $10 million round of funding.Today, it's announcing another cash infusion: An $22 million growth round from Oak Investment Partners, with participation from existing investors Crosslink Capital and Hillsven Capital. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/75-08WY5DMw/
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