TAKKLE, Inc. Announces Closing of Series A Financing    

NEW YORK--(BUSINESS WIRE)--

TAKKLE, Inc., (www.takkle.com) the premier online social network for high school sports, today announced it has completed its Series A financing round led by several prominent investors.

“With our marketing reach and resources, we can support TAKKLE’s move to create a significant presence in the digital market”

Investors include WMG Investments, the investment arm of Wasserman Media Group LLC, Greycroft Partners, LLC (founded by legendary venture capital investor Alan Patricof), IJ Smith Enterprises LLC, and Jack Schneider, Managing Director at Allen & Company, Inc.

“Given our sports-crazed national culture and the explosive growth in social networking, we built TAKKLE to enable amateur athletes and fans to connect via their passion for sports,” said David Birnbaum, Founder and Chief Executive Officer of TAKKLE, Inc. “With this financing from strategic partners, we are now poised to build on our early success and grow TAKKLE to its full potential.”

TAKKLE is the first online network of its kind for high school athletes, fans and coaches to organize their sports lives while developing personal connections rooted in shared sports interests. TAKKLE provides the tools and platform so that high school athletes and coaches can create player and team profiles, upload videos and photos, track and view statistics, check out opponents before games, and discover the best athletes in the country.

In addition to its investment, Wasserman Media Group (WMG), a leading sports and entertainment management, marketing, and content company, plans to offer its expertise and platforms to promote TAKKLE. “With our marketing reach and resources, we can support TAKKLE’s move to create a significant presence in the digital market,” said Josh Swartz, COO, WMG. “In addition, TAKKLE’s unique model offers Wasserman an online network to enhance its own brand visibility and reach important target audiences.”

“I am constantly on the lookout for smart, opportunistic leaders in the digital media space and TAKKLE, I believe, fits that description perfectly,” said Alan Patricof, Founder and Managing Director, Greycroft Partners, LLC. “TAKKLE’s unique business model, combined with the array of partners it is bringing to the table, will only enhance the company’s market position going forward.”

Adds Birnbaum: “We are initially targeting the high school market but will soon grow the TAKKLE network to encompass all amateur athletics – intramural, club, office league, youth, and fantasy – and create uniquely targeted marketing opportunities for our partners and sponsors.”

The company is currently in its beta phase and will launch nationwide later this year.

About TAKKLE

TAKKLE, the premier online social network for high school athletes, connects athletes, coaches, fans, friends, and recruiters for all high school sports. On TAKKLE, high school athletes can track and compare their stats, post team schedules, scout rivals, and share videos and photos with their teammates and opponents.

TAKKLE offers advertisers and marketers the ability to strategically target a passionate, engaged audience of high school athletes and fans. TAKKLE’s investors include Wasserman Media Group LLC, Greycroft Partners, LLC, IJ Smith Enterprises LLC, and Jack Schneider, Managing Director at Allen & Company, Inc.