C360 Technologies Raises Capital for Expansion
SeventySix Capital’s immersive media portfolio company is ramping up
C360 Technologies, an immersive media creation engine that provides high fidelity streams from high profile locations to the most important broadcasters and leagues around the world, announced it raised capital from Cosm, a global experiential media and immersive technology company, and Blue Tree Allied Angels, Western Pennsylvania’s leading angel network.
C360, a SeventySix Capital portfolio company, works with the top sports media, teams, leagues and tech companies such as Fox Sports, CBS Sports, ESPN, TNT, NASCAR, NFL, NHL, UFC, Google, and Intel. Additionally, they work with sports betting operators and data providers.
“We are excited about investing in the team at C360,” said Jeb Terry, President and CEO at Cosm. “They have great technology and vision. That’s what we look for when we partner with a company.”
“This is big news as we continue to raise capital and aggressively partner with major leagues, teams and broadcasters to activate our technology inside arenas and stadiums across North America,” said C360 Technologies CEO Howard Wright. “Needless to say our incredible new partner aligns with our vision, technology and our future.”
WATCH: Leveraging for the Power of Partnership | Featuring Jeb Terry | Icons and Insights.
About C360
C360 has pioneered original 360 technologies that deliver the highest quality non-stitched immersive video products, live output for broadcast and OTT platforms. C360's proprietary process and ultra high-quality output has earned relationships with Fox Sports, CBS Sports, ESPN, TNT, NASCAR, NFL, NHL, UFC, Google, Intel, among many others including sports betting operators and data providers. To learn more about C360, go to https://www.c360live.com/.
About SeventySix Capital
SeventySix Capital is a venture capital company, led by Wayne Kimmel, Jon Powell and Chad Stender, that invests in game-changing sports betting, esports, and sports technology startups. SeventySix Capital’s existing portfolio companies are leaders in their respective industries: C360, Diamond Kinetics, Fortē, Lucra Sports, Maestro, Nerd Street, NFT PRO, Odds On Compliance, Play by Play, Quintar, ShotTracker, Swish Analytics, and U.S. Integrity. In 2021, SeventySix Capital sold three portfolio companies: VSiN, the sports betting media network (sold to DraftKings - Nasdaq: DKNG), Vigtory, a next generation sportsbook (sold to FuboTV - NYSE: FUBO), and Team Whistle, a sports and entertainment media company (sold to ELEVEN SPORTS).
SeventySix Capital also has a Sports Advisory business and its Athlete Venture Group, which allows players to invest, learn, and work directly with top sports tech startups and entrepreneurs. Managing Partner Wayne Kimmel also hosts the SeventySix Capital Sports Leadership Show, a weekly podcast that features the sports industry’s top entrepreneurs, athletes, and thought leaders. In addition, SeventySix Capital has a strategic partnership with Rubicon Talent, a sports marketing and talent agency, and is a partner with the American Gaming Association to promote its #HaveAGamePlan responsible sports betting campaign. Visit https://www.seventysixcapital.com/ for more information.
About Cosm
Cosm is a global technology company that builds end-to-end solutions for immersive experiences. We provide a full stack experience solution including the physical design, engineering, and manufacturing; as well as the software, display engine, and content needs to deliver immersive experiences at scale. Our technology enables people to experience entertainment in a new way, across three primary markets: Sports and Entertainment, Science and Education, and Parks and Attractions. For more information, visit https://www.cosm.com.
About BlueTree Allied Angels
BlueTree Allied Angels, formed in 2003, is Western Pennsylvania’s leading angel network. BlueTree Allied Angels is a members-only group of accredited investors focused on funding promising start-up companies. BlueTree Allied Angels meets regularly to evaluate and consider private equity investments in early-stage, pre-institutional ventures in Western Pennsylvania and other high-tech regions where we co-invest with colleagues and other leading venture firms.
BlueTree Allied Angels’ mission is to provide investment opportunities where members can obtain outstanding financial returns while mitigating investment risk. To learn more about BlueTree Allied Angels go to https://www.bluetreealliedangels.com/.