Sports Media Startup Raises $9M From Andreessen Horowitz, Kevin Durant
The startup, called Overtime, was founded by former WME head of digital Dan Porter.
A media startup called Overtime has raised $9.5 million in funding from a group of investors including Andreessen Horowitz and Kevin Durant. The group, founded by former WME head of digital Dan Porter, has created a free app the distributes clips from high school basketball games and other sporting events. The app features some of high school’s biggest stars and distributes them across social media and television. The company says its videos have been viewed more than a billion times over a year, according to The Hollywood Reporter. Overtime wants to bring its viewpoint on content to professional sports next. To do that, they held a round of funding led by Andreessen Horowitz. Porter started Overtime while he was still at WME but left in 2016 to focus on the app full-time. He shifted the app’s focus to high school sports clips. To start, they focused on building out filming technology, creating off-the-court programming and setting up distribution channels.
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