Varsity News Network Closes a $3 Million RoundBy Amanda Lewan on February 18th, 2014 /
With the Olympics underway, people all over the world are enjoying a season of sports and ultimate athletics.
This talent starts at a young age, and Varsity News Network aims to help spotlight sports talent for high schools around the U.S. The startup is creating a sports information technology platform for high school athletic departments.
Think ESPN for high schools. It could work really well.
Varsity News Network just announced they’ve closed a series a round of $3 million in investments, helping them to expand nationally and create a mobile app. Investments come from but are not limited to North Coast Technology Ventures, RSL Ventures Partners, Start Garden, Grand Angels, Northern Michigan Angels, First Step Fund, Muskegon Angels and the Michigan Angel Fund.
The startup was also the recent winner of Accelerate Michigan. Great to see they’ve added fuel to the fire.
“In just over two year’s we’ve grown the VNN Platform to include more than 250 schools in 14 states,” said Ryan Vaughn, Co-Founder and CEO of VNN. “We are poised to grow even faster and reach the 40 million students and family members who are left out of traditional sports media overage.”
The platform will allow athletic directors to create local and user-generated media content about their student athletes. It’s a cool way to tell your local school’s stories, and they also aim to have advertising, e-commerce, and digital fundraising on their platform.
Check out Varsity News Newtork online to learn more about this growing Michigan startup.