Bleacher Report Raises $22 Million for Expansion

Plans to build video, mobile, sales

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Three-year-old Bleacher Report is gaining major headway in the world of online sports news. Last year, it hired Brian Grey (who used to run Yahoo Sports’ and Fox Sports’ sites), increased its sales staff, hired a professional editorial team, raised $10 million in funding, and passed established competitors Sports Illustrated and CBS Sports in traffic.

Now, the site—which boasts more than 7,000 U.S. contributors—is getting yet another boost, TechCrunch reports. Yesterday, it announced a $22 million growth round led by Oak Investment Partners, with participation from existing investors Crosslink Capital and Hillsven Capital.



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