Former SportsEngine CEO joins Rally Ventures
Summary
Justin Kaufenberg, the founding CEO who departed SportsEngine last week, has joined Rally Ventures as a partner. Rally, which operates from offices in Minnetonka and Menlo Park, Calif., led two venture capital rounds in SportsEngine. Rally co-founder Jeff Hinck served on the SportsEngine board from 2011 until 2016, when the Minneapolis-based firm was acquired by NBC Sports Group, a unit of Comcast’s NBCUniversal. Kaufenberg brings strong “strategic, technological and operational expertise that complements our mission of being an extremely active value-added investor and will support the continued growth in Rally’s portfolio,” said Charles Beeler, co-founder and general partner of Rally Ventures. “Jeff and Charles, along with their venture partners, are some of the finest early-stage enterprise investors in the country,” said Kaufenberg.