NEW YORK--(BUSINESS WIRE)--fuboTV, the largest online provider of live, streaming and curated soccer content, announced today that it has raised $4 million in Series A funding. This funding will accelerate fuboTV’s expansion in TV network carriage agreements, platform features and content marketing for its breakthrough soccer programming service. The round was led by DCM Ventures, and included I2BF Digital, LionTree Partners and Luminari Capital, as well as seed investments from Anthony Vinciquerra, former CEO of Fox Networks Group, and Blake Krikorian, co-founder of Sling Media. Visit www.fubo.tv to learn more.
“fuboTV is the first company to crack the code on how to curate video programming that reaches focused, yet large audiences,” said Jason Krikorian, general partner at DCM Ventures and co-founder of Sling Media. “In a short period of time, fuboTV has secured and monetized a remarkable amount of live soccer games from networks all over the world. Innovative companies like fuboTV are transforming the way networks reach consumers and the way they consume content.”
Officially launched in January 2015, fuboTV has raised a total of $5.6 million in funding. fuboTV is an Over-the-Top (OTT) streaming service that gives soccer fans access to live global games and tournaments via linear cable networks, 24-hour club channels, TV series and news in one platform. Currently, fuboTV carries more than half the major international soccer leagues in the world, including La Liga, Serie A, Ligue Un, Primeira Liga, Copa America and English League Cup through carriage agreements with TV networks such as beIN Sports, GoITV and Benfica TV. Additionally, the company holds club partnerships with AJAX Amsterdam, Borussia Dortmund and Everton. fuboTV will use the new infusion of capital to grow its premium sports content, build out technical enhancements to its OTT multi-channel distribution platform and hire key personnel.
“This investment further validates our mission to provide soccer fans all over the world with a content platform that is as dedicated to this incredible sport as they are,” said fuboTV CEO and co-founder, David Gandler. “fuboTV launched just eight months ago in the U.S. market, which has more than 60 million soccer fans. fuboTV is already delivering an unmatched number of games involving the world’s greatest players and most celebrated teams. We are committed to partnering with innovative TV networks, media companies, cable and satellite companies to deliver a curated and individualized user experience that satisfies the demands of the most fanatical fan. They deserve nothing less.”
fuboTV is the ultimate destination for soccer fans and the largest online provider of live, streaming soccer content. Its platform is the first cloud-based TV service dedicated to bundling live sports, cable networks, 24-hour club channels, international blocks, TV series and news dedicated to soccer. fuboTV is a subscription service that is available on user’s desktops via http://www.fubo.tv or mobile through Amazon Fire TV, Android phones and tablets, Chromecast, iPad, iPhone, Kindle Fire and Roku.