In both sports and the tech industry, you win some and you lose some. Even though OnSports chief executive Aaron Krane got a nasty black eye this week in a pick-up basketball game, his company just closed a $2 million round led by Mike Maples' Floodgate fund. The company, also known as Hitpost, makes this mobile app OnSports which has live discussions, polls and news about sports. It's aiming to be the destination where sports fans can chatter or rage about their most-loved or hated teams and players.?The app has more than 1 million downloads on Google Play and something less than that on iOS. While Krane didn't share stats on active usage, he did say that there are "tens of thousands" of discussions and votes per day. Krane, who used to work at the social gaming company that Google acquired called Slide, says there is an unexploited sweet spot in between freemium games like Zynga Poker and sports media. OnSports recently launched a better way for fans to create polls and stories about sports.
Saturday, April 28, 2012
OnSports Raises $2M Led By Floodgate To Be The Mobile Watercooler For Sports Fanatics
In both sports and the tech industry, you win some and you lose some. Even though OnSports chief executive Aaron Krane got a nasty black eye this week in a pick-up basketball game, his company just closed a $2 million round led by Mike Maples' Floodgate fund. The company, also known as Hitpost, makes this mobile app OnSports which has live discussions, polls and news about sports. It's aiming to be the destination where sports fans can chatter or rage about their most-loved or hated teams and players.?The app has more than 1 million downloads on Google Play and something less than that on iOS. While Krane didn't share stats on active usage, he did say that there are "tens of thousands" of discussions and votes per day. Krane, who used to work at the social gaming company that Google acquired called Slide, says there is an unexploited sweet spot in between freemium games like Zynga Poker and sports media. OnSports recently launched a better way for fans to create polls and stories about sports.
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