Finance

MO' MONEY, MO' MONEY: RIVALS.COM LANDS $35M IN NEW FINANCING

2.17.2000

          Seattle-based Rivals.com has received a $35M investment
     from Softbank Capital Partners that the company "will use to
     support its network of team-specific Web sites," according
     to John Cook of the SEATTLE POST-INTELLIGENCER.  Total
     financing in the company now stands at "more than" $65M. 
     Cook notes that Rivals has "assembled a network of more
     than" 500 sports Web sites, which are "operated by
     journalists who specialize in recruiting news, player
     profiles ... and other insider information."  The company,
     which has "doubled its staff to 137 employees in the past
     six months," received a $30M investment in August from Fox
     Sports, Intel and Silicon Valley venture capital firm Hummer
     Winblad Venture Partners.  Rivals.com will move into a new
     54,000-square-foot headquarters in May (SEATTLE P-I, 2/17).

PREVIOUS FACILITY NOTES NEXT BECOMING "FAMILIAR" WITH DETAILS OF A POSSIBLE METS SALE

SPONSORED CONTENT

ADDITIONAL SECTIONS

PODCASTS

SBJ Morning Buzzcast: May 15, 2024

May 15, 2024

The W's big night; here come the Valkyries and a major step forward in Jacksonville

NASCAR’s Brian Herbst, NFL Schedule Release, Caitlin Clark Effect

May 15, 2024

On this week’s pod, SBJ’s Austin Karp chats with our Big Get, NASCAR SVP/Media and Productions Brian Herbst. The pair talk ahead of All-Star Weekend about how the sanctioning body’s media landscape has shaped up. The Poynter Institute’s Tom Jones drops in to share who’s up and who’s down in sports media. Also on the show, David Cushnan of our sister outlet Leaders in Sport talks about how things are going across the pond. Later in the show, SBJ media writer Mollie Cahillane shares the latest from the network upfronts.

SBJ I Factor: Molly Mazzolini

April 23, 2024

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

SBJ TV

Sports Media Podcast April 24 Whos Up Whos Down

4 mins

Sports Media Podcast April 17 2024 The Big Get Molly Solomon

5 mins

Sports Media Podcast March 27 2024

29 mins

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2000/02/17/Finance/MO-MONEY-MO-MONEY-RIVALSCOM-LANDS-$35M-IN-NEW-FINANCING.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2000/02/17/Finance/MO-MONEY-MO-MONEY-RIVALSCOM-LANDS-$35M-IN-NEW-FINANCING.aspx