SoftBank Backs Sports Analytics Company PlaySight
Israel-based PlaySight develops technology that employs multi-angle video and proprietary analytics to improve on-court performance
For daily updates, subscribe to our newsletter by clicking here.PlaySight develops smart-court technology that enables players and coaches to employ multi-angle video and proprietary analytics to improve on-court performance. Multiple HD cameras installed around the court automatically record, analyze and stream player activity. The company's system can also integrate with sensors worn by the players, the scoreboard, and any other system used on the court. Based on the data, PlaySight's technology creates automatic replays and data-based analysis and evaluation tools, and its cloud platform allows users to review, edit and share both the recorded video and the data.
SoftBank Ventures has previously invested in several Israeli companies, including LiDAR startup Innoviz Technologies Ltd. and mobile computing company Saguna Networks Ltd. Benjamin Weiss, the fund's representative in Israel, said in an interview with Calcalist the fund intends to expand its investment in early stage Israeli startups.The investment will enable PlaySight to expand its operations to Asia, Mr. Shachar told Calcalist in an interview.