Sports Media Startup Overtime Raises $9M From Andreessen Horowitz, Kevin Durant
The company, founded by former WME head of digital Dan Porter, has created a free app that distributes highlight clips from high school basketball games and other sports matchups.
Sports media startup Overtime has raised $9.5 million in funding from a group of investors including Andreessen Horowitz and Kevin Durant to expand distribution of its high school sports highlights.
Founded by former WME head of digital Dan Porter, Overtime has built a library of video clips featuring some of high school athletics' biggest stars and distributes them across social media and television. The company says its videos have been viewed more than a billion times over the last year.
Overtime has focused on building out filming technology, creating off-the-court programming and setting up distribution channels. Now, it will look for ways to bring its viewpoint on content to professional sports, Porter wrote in a blog post.
To do that, Overtime has raised a Series A round of funding led by Andreessen Horowitz. Other Overtime investors include Greycroft and former NBA commissioner David Stern.
Porter, the founder of mobile game studio OMGPOP, started Overtime while he was still at WME. He left WME in 2016 to focus on the app full -time and shifted its focus to high school sports clips.
The company turns fans and their cellphones into its camera crew and relies on them to help build its library of clips from high school basketball and football games.