Fairfax joins Foundry in $25 mln investment in TeamSnap
TeamSnap, a U.S. sports management software and app provider, has raised US$25 million in follow-on financing. The round was led by U.S. venture capital firm Foundry Group with participation from a new investor, Fairfax Financial Holdings, a Canadian financial holding company led by Chairman and CEO Prem Watsa. The funds raised will help TeamSnap to scale rapidly by expanding its marketing, sales and product teams. Founded in 2009, Boulder, Colorado's TeamSnap reports having close to 15 million customers. More than 3 million of its customers are in Canada.
31 January 2017•3 mins read
