Our comments and trackback policy You Link We Follow, You Comment We Promote

Online fantasy sports startup, OpenSports raised $4 Million in its fourth round of funding. Apart from that, it also gave away 20% stakes to FoxSports, which are placed at a healthy $6 Million and FoxSports David Hill will take position as a member of OpenSports board. With this deal, OpenSports might also take charge at creating games for FoxSports and that would most probably involve a share in revenue earned from those. While the deal would also open new horizons for OpenSports as it can leverage FoxSports influence to work with names like NFL, etc.