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$5m Funding for SPORTLOGiQ
Montreal-based sports analytics platform SPORTLOGiQ has raised $5m in a Series A round of funding, which it will use to continue to commercialize its technology.
 The firm's proprietary computer vision technologies track and analyze players' movement during games, and its analytics engine then converts the raw data into insights for professional sports teams and stats for broadcast media partners.
The new funding round was led by Rho Canada Ventures and Anges Quebec Capital, which joined early investors Mark Cuban, TandemLaunch and twelve angels. An investment group from Stockholm, Sweden also participated in the round and will assist with business development in Europe.
Craig Buntin (pictured), former Olympic skater and co-founder and CEO of SPORTLOGiQ, comments: 'This is a tremendously exciting time for AI, computer vision and machine learning. The response from our customers over the past two years has been incredible, and seeing that same response from our investors has been truly amazing. We are happy to welcome this new group of investors and look forward to the next phase of our team's development'.
Web site: www.sportlogiq.com .
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