MainMedia365Scores Raises $5.5 Million in a Round Led by LETA Capital

365Scores Raises $5.5 Million in a Round Led by LETA Capital

30 September 2014

365Scores, a leading mobile sports application company, secured $5.5 million in new investments from LETA Capital, Cedar Fund, Titanium Investments and private investors. 

The firm also announced the milestone of exceeding 5 million Android installs worldwide. Delivering high levels of mobile engagement, 365Scores alerts sports fans to the most important moments of their favorite teams and players by sending over 2 billion push notifications to their users each month. This week the company has also launched a 365Scores tablet version for Android which is available on Google Play.

After closing this round of funding, the company will focus on expanding the social environment for its millions of zealous sport fans.

365Scores has just released a social feature on all devices (iOS and Android), which aims to bring together fans from all over the world into the same "Virtual Stadium", allowing them to communicate in real time and share their views, analysis and emotions before, during and after the game. Fans can react to: teams’ line-ups, goals, touchdowns, home runs or fouls, as if they were in the stands. It also allows them to interact with and see photos that the fans in the stadium are capturing. The 365Scores application creates a social media community where everyone feels like they are “there”.

"With their proven consumer adoption at over 5 million Android users, 365Scores has already reached sports fans worldwide in 20 different languages. This is the sports app that all fans will demand,” said Alexander Chachava, Managing Partner of LETA Capital, who will be joining the 365Scores Board of Directors.

“365Scores is becoming a phenomenon with strong user loyalty and high usage levels. 365Scores is doing something right in providing their worldwide audience a real time personalized mobile experience. We believe 365Scores will continue to deliver on all fronts”.

The 365Scores’ mobile application is available for both Android and iOS and may be downloaded at the website: 365Scores.com.

About 365Scores

365Scores is a leading mobile sports application company whose app, 365Scores, surfaces sports content from across the globe and delivers it in 20 different languages to sports fans around the world. From tweets to blogs and scores, 365Scores lets you follow the teams, the sports, and the athletes you choose. The mobile app provides real-time score updates and other breaking news via convenient notifications to the fans. Find out more at www.365Scores.com