Funding to Support Continued Innovation and Ongoing Global Expansion
Kitman Labs, the provider of Performance Intelligence Solutions to elite sports teams around the globe, announced an investment from the Sony Innovation Fund, Sony’s corporate venture fund. The investment caps an overall raise and addition of world-class strategic investors over the last 12 months which will fuel the company’s growth and roadmap.
“Kitman Labs is at the nexus of artificial intelligence, sports science, and human performance. Their unique approach to technology and the customer experience has set a new standard in the elite, college, and youth sports markets,” said Gen Tsuchikawa, Chief Investment Officer, Sony Innovation Fund. “We love to work with companies that embrace the spirit of innovation, and are thrilled that this investment marks our entrance into the dynamic field of sports tech. We look forward to supporting Kitman during their next phase of growth.”
Recommended AI News: Top 11 Use Cases of RPA in the Insurance Industry
Growth in 2019 stemmed from the launch of its state-of-the-art Performance Intelligence Platform – the industry’s most advanced, analytics-powered performance solution. As a continuation of it’s growth strategy, the company recently announced global expansion plans and the acquisition of The Sports Office.
Recommended AI News: Amazon Go Grocery Opens Largest Contactless Retail Store in Seattle
“2019 was an exceptional year for us on all fronts and we are ready to kick off our 2020 growth and innovation plans with the acquisition of The Sports Office and what is now the most powerful network of elite sports and youth development teams,” said Stephen Smith, Founder and CEO of Kitman Labs. “As an industry, we are just now scratching the surface of what analytics combined with real-time decision making tools can uncover to maximize human performance. With a partner like Sony and their portfolio of amazing technology companies, we can execute our vision even more rapidly.”
Recommended AI News: AWS Acquires a Powerful Data Exploration and Visualization to Boost Python & R Integration
Comments are closed, but trackbacks and pingbacks are open.