Real-time sportsbook platform provider FSB Technology announced that it has successfully completed a £2.6m funding round. David McDowell, co-founder and chief executive of FSB, said the new capital will allow the company to further invest in its cutting-edge sports-betting platform, as well as operate the platform as a managed service.
“This funding round is a great endorsement of both our team and our vision. There are a lot of companies stuck trading on legacy platforms and we are seeing a huge demand for modern technology and turnkey solutions,” McDowell added.
A total of 15 investors, including Mark Blandford, the founder of Sportingbet; Andrew Black, co-founder, Betfair; Richard Glynn, chief executive, Ladbrokes; and David O’Reilly, chairman of GameAccount Network contributed varying amounts to the funding round.
source : www.totallygaming.com