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NBA, NFL owners among investors in Courtside Ventures $100m equity round

Courtside Ventures, the New York-based venture capital firm focused on early-stage companies involved in sports, digital media, fitness and gaming, has raised $100m (€92m) in an investment round led by an impressive array of team owners from the National Basketball Association, National Football League and Major League Baseball.

Among the investors are Cleveland Cavaliers owner Dan Gilbert, Atlanta Hawks majority owner Tony Ressler, Philadelphia 76ers co-owner David Blitzer, Cleveland Browns and Columbus Crew owners Dee and Jimmy Haslam, the Tisch family who own the New York Giants, and the Lerner family who are majority owners of the Washington Nationals.

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