One of the world’s leading companies in the field of artificial intelligence-based sports summaries, WSC Sports, has announced the completion of a fourth round of funding of $ 100 million, led by ION Crossover Partners (ICP. Existing investors, including Intel Capital, OG Tech, Detroit Venture Partners (Dan Gilbert) , Also participated in the round.
The company will use the new funding to support its accelerated growth during 2022 and beyond. In addition, the company plans to recruit more than 150 additional employees this year, who will join the company’s 270 employees in its offices in Israel, New York, Sydney and London.
The Israeli WSC Sports is positioned as one of the leading sports-tech companies in the world. The company crossed the 200 customer threshold in 2021. The company’s customers are among the world’s leading bodies in the field of sports: teams, leagues, associations, content producers and broadcasters. During 2021, WSC customers created more than 3.4 million sports summaries on the company’s platform, a cumulative amount of over 9 years of video content. At the same time, more than 6,000 WSC Stories were created in the past year, garnering about 100 million views, with an average CTR (click-through rate) of more than 11 percent.
According to Daniel Shichman, CEO and co-founder of WSC Sports, “The consumption habits of sports fans are changing and with them the entire sports industry. Broadcast rights holders are required to find creative ways to give each fan a personal viewing experience, and to generate new revenue streams.
“The company continues to expand its product portfolio to allow broadcast rights holders to connect with sports fans in any platform and with any touch with the fans. The ability to produce customized content automatically and in real time allows opening up many options and creating experiences that could not be created before.”
Deloitte acquires Confirma
The consulting firm Deloitte has announced the acquisition of Confirma, which specializes in risk management in the field of information technology and information security.
Deloitte’s goal in acquiring Confirma is to strengthen the firm’s capabilities in accompanying and implementing solutions in the worlds of identifying and identifying technological risks, improving systems and processes, and minimizing risks through experts with global experience.
Confirma was founded 11 years ago by Yochai Shmalov and Avi Toledo. The company has extensive experience in accompanying and implementing risk management solutions and a set of internal controls in leading organizations, with an emphasis on high-tech companies, insurance companies, investment houses and banks. According to Confirma’s website, among their customers you can find Playtica, Check Point, Safins, Bituach Yashir, Harel, Excellence, Psagot and many more.
Deloitte said: “The deal deepens and strengthens our value proposition through unique methodologies and technological tools for identifying and providing a solution in IT risk management.”
“We are confident that the combination of Confirma and Deloitte, with the support of the firm’s professional and business envelope, will create Confirma’s and firm’s clients with added value in the field of technological risk management.”
The education company on its way to the USA
The Israeli company “Helen Doron”, which operates in the field of bilingual education for children and adolescents, has signed an agreement with the American education cooperative ACES (Area Cooperative Educational Services) under which it will include its activities in US schools.
The deal is estimated at $ 5 million for the first four years, and is expected to grow as it expands to other countries. ACES, which produces unique content and services for improving public education in 25 U.S. counties, will help expand the operations of Helen Doron, which operates more than 1,100 English and math learning centers in 39 states.
“Public education is of paramount importance, certainly for children from low socio-economic backgrounds,” explains Helen Doron, the company’s CEO and founder. I hope that at least in our field of activity, we will be able to provide a quality education for every child, no matter what framework he is in. “
good news
The start-up “Skyworthyings” launches a “Friend Brings a Donor”, in which each employee who helps recruit a new employee will receive a grant that he or she will donate to the community of his or her choice.