We are thrilled to announce that LiveMode has successfully raised an impressive $85 million in funding, a milestone that will significantly bolster our mission to redefine the sports media landscape. As partners to sports entities, we recognize the urgent need for clubs, federations, and leagues to adopt innovative strategies that effectively merge traditional television’s impact with the dynamic possibilities of digital media. This new funding will enable us to enhance our capabilities in creating and managing hybrid business models that leverage the best of both worlds—ensuring that sports not only survive but thrive in this evolving ecosystem.
With the rapid evolution of media consumption, it is crucial for brands to foster meaningful connections with younger audiences, and that is where LiveMode excels. Our commitment extends beyond just revenue generation; it is about enhancing engagement and interaction by devising fresh formats and languages that resonate with today’s fans. The capital we have raised will empower us to invest in cutting-edge technology, expand our team of experts, and accelerate our growth strategies to better serve our partners in sports.
Our vision is clear: to construct a sustainable ecosystem that will support the future of sports for decades to come. As we embark on this exciting journey with the new funding, we remain dedicated to our motto—"We Grow Sports"—and look forward to forging ahead with our partners as we transform the way sports are experienced and consumed around the globe.
