ShotTracker Raises $10.4 Million in Series A Funding

OVERLAND PARK, KANSAS (GLOBE NEWSWIRE) — ShotTracker, a revolutionary basketball technology that captures stats and analytics human-less and in real-time, today announces a $10.4M Series A financing round led by Ward.Ventures alongside former NBA commissioner David Stern and two-time National League home run champion, Ryan Howard, as well as Greycroft, Elysian Ventures, KC Rise Fund, Irish Angels and SeventySix Capital. This Series A round brings ShotTracker’s total funding in excess of $21M, including an investment by NBA legend, Earvin “Magic” Johnson. Having recently powered all 31 games of the National Association of Intercollegiate Athletics (NAIA) Men’s Basketball Championships for the second year in a row, ShotTracker will put this latest round of funding towards growth and scalability to increase installations in courts around the United States and to solidify global partnership opportunities.

“This additional funding allows ShotTracker to execute on its vision and accelerate the proliferation of our product across the market,” said Davyeon Ross, co-founder and COO of ShotTracker. “Whether you’re a fan, a player, a coach, a broadcaster or a market maker – ShotTracker is changing the overall experience of the game. There are significant changes happening in sports and ShotTracker is poised to capitalize on those industry changes with its real-time data.”

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