SeventySix Capital – Portfolio Company News

SeventySix Capital portfolio company Whistle Sports raises $7 Million

BSkyB has taken a stake in another American digital-media firm, with the U.K. satcaster investing $7 million in Whistle Sports, a sports-focused multichannel network aimed at young millennials.

The funding from Sky brings Whistle Sports to a total of $25 million raised. Prior

investors including Bob Pittman, chairman and CEO of Clear Channel; Gerry Laybourne, former head of Oyxgen Media and Nickelodeon; and SeventySix Capital.

Launched in January 2014, Whistle Sports has library of 28,000-plus videos available on YouTube and Xbox covering a variety of sports including basketball, baseball, soccer and American football, alongside niche-oriented sports such as football freestyle, skateboarding, trick shots and ultimate frisbee…MORE

 

SeventySix Capital portfolio company Dwolla partners with BBVA

BBVA Compass today announced an agreement that opens its technology platform to payments innovator Dwolla, allowing customers of the bank to use the

Iowa startup’s real-time network to make money transfers.

The deal makes BBVA Compass the largest bank to partner with Dwolla, a nimble alternative to the current payments networks that are decades old in some cases, far from real-time and more expensive to use. It also makes BBVA Compass the only major bank to open its platform to such an extent to digital developers, its first such move inspired by the open standards that pushed forward other industries. BBVA Compass sees the agreement as indispensable and timely given its transformation to a digital bank amid rapidly changing consumer habits….MORE


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