Expectations High For NASCAR On NBC Female Audience Strong For World Cup ESPN Denies Wanting To Dial Down Olbermann IndyCar Gets Best Cable Audience In Years Xfinity Series Audience Lower On Fox Sports U.S.-Germany Sets Fox Soccer Record Media Notes Discovery Looking To Sublicense Olympic Rights Sources: FS1 Cutting Back News Operation ESPN Changes Format For MLB ASG Reveal
SBD/September 25, 2012/Media
Startup Mobile Gaming Outfit WedgeBuster Secures $2.2M In Venture Capital Funding
Published September 25, 2012
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THUUZ ALSO LANDS FUNDING: Meanwhile, California-based technology startup Thuuz Inc., which measures the excitement level of sports events in real time, has closed a $4.2M round of Series A venture capital funding. The round was led by Liberty Global Inc., chaired by cable titan John Malone. The funds will be used to expand product functionality and distribution. Thuuz operates both direct to consumers, primarily through its mobile applications, and through media and technology partners such as Sony, Google and Dish Network. Using proprietary algorithms, Thuuz measures which games are headed to exciting conclusions and alerts users to those events. "We think there's still a ton of greenfield in this world of real-time sports discovery," said Thuuz Founder & CEO Warren Packard. "We have things like Pandora for music and Netflix for movies out there, but there's still a lot of room for the notions of discovery and recommendation in sports."