Clearwater Leads Eyeball’s $1.1M Raise
Summary
That was enough traction to attract a $1 million investment from publicly traded Clearwater and additional funding from a handful of angel investors. Co-founded by serial entrepreneurs Jay Steele and Shaun Johansen, Eyeball has developed a social network for mobile devices that lets those in the amateur sports community tell each other about their games. It is built in the knowledge that there are hundreds of millions of people involved in amateur sports and virtually all of them want to share their scores and highlights. “We believe in the promise of the amateur sports market and in the Eyeball strategy to provide a solution that resonates with all constituents – the teams, the players and the fans,” said Clearwater Chairman and CEO John Risley in a statement. But there was some pull coming from unexpected places, like volleyball and floorball.” Steele said that the acceptance of the product in the Halifax area has convinced him, his team and his investors that there is a market for an amateur sports community network.