365Scores provides scores, sports information, editorial and social content, as well as free games focused on sports.
British bookmaker Entain plc (LSE: ENT), which owns Ladbrokes, has announced the acquisition of the Israeli sports media company. 365Scores For $150 million and milestone payments of up to $10 million.
365Scores provides scores, sports information, editorial and social content, as well as free games focused on sports. The company has a global audience of over 15 million active users and is ranked among the top five apps worldwide.
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Sports company 365Scores raises $5.5 million
365Scores was founded by Ami Serkis, Roy Aharoni, Yevgeny Brenner, and Roy Hayomi. The company’s most recent known funding round was back in 2014 when it raised $5.5 million from LETA Capital, Cedar Fund, Titanium Investments and private investors.
Entain says, “The combination of 365scores’ deep expertise in data-driven sports media content along with Entain’s global reach and market-leading platform capabilities will provide customers with a broader exposure to content and interactive experiences. The acquisition opens up further growth opportunities and supports our global business strategic ambitions.” “.
Published by Globes, Israel business news – en.globes.co.il – on April 5, 2023.
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