VC-backed theScore buys daily fantasy sports game Swoopt
Mobile sports platform theScore Inc (TSX-V: SCR), a portfolio investment of Canadian venture capital firm Relay Ventures, has bought daily fantasy sports game Swoopt. The seller in the deal, the financial terms of which were not released, was U.S.-based ApptheGame Inc. The acquisition includes Swoopt's mobile app and web offering, as well as members of its product development team, and will provide theScore with a strategic entry point into the daily fantasy sports space, the company said. In May 2014, the Toronto-based theScore raised $17.25 million in follow-on financing from Relay and Levfam Holdings.
22 December 2014•4 mins read
