The on-demand sports streaming platform has closed a series C round led by Discovery that included fellow existing investors WWE and Bertelsmann Digital Media Investments.

Broadcaster Discovery Communications led a $47m series C round for US-based sport streaming platform FloSports on Monday that included media group Bertelsmann and sports entertainment organisation World Wrestling Entertainment (WWE). Causeway Media Partners, Fertitta Capital and DCM Ventures also invested in the round, while Bertelsmann took part through its Bertelsmann Digital Media Investments (BDMI) subsidiary.…

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