Thursday, August 25, 2011

Bleacher Report Raises $22M

San Francisco-based Bleacher Report, the online sports news site, said Wednesday that it has raised $22M in a new funding round. The round was led by Oak Investment Partners, and also included Crosslink Capital and Hillsven Capital. Oak's Fred Harman joins the board with the funding. Bleacher Report said the funding will go to scaling its operations, including content development, revenue support teams, and expansion into video and mobile. More information »