Thursday, June 19, 2008

Wazoo Sports broadcast 88 games LIVE over the Internet has received a $2.0 million

What Company Is Offering:

Wazoo Sports broadcast 88 games LIVE over the Internet. Using the latest in streaming and broadcast technology, Wazoo Sports delivers video content to the user over the Internet on their web site at Wazoo Sports also provides unlimited ON DEMAND viewing of their content, including all 88 basketball games from this past season.

How Much They Got From VCs:

Wazoo Sports, Inc., a High School Sports Broadcast Network based in London, Kentucky, announced today it has received a $2.0 million equity funding commitment from Meritus Ventures, L.P. a London, Kentucky based venture capital fund.

“We are delighted to partner with Meritus Ventures for this important round of initial financing. In addition to capital, Meritus brings valuable strategic insight and experience to the table as we launch Wazoo Sports and aggressively expand our network, capitalizing on the national high school sports opportunities," said Carlos “Doc” Carpenter, President and Chief Executive Officer of Wazoo Sports, Inc.

Meritus Ventures, L.P. is a venture capital fund formed to make equity investments primarily in private companies in Arkansas, Kentucky, Tennessee, Ohio, West Virginia, Virginia, North Carolina, South Carolina, Georgia, Alabama, and Mississippi.


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