Sportsvite’s social network gets $2 million

By Vivek | February 9th, 2007 at 12:05 pm ET         

NY based sports social networking startup Sportsvite has raised $2 million in first round of funding from Grace Drive Management, an alternative investment fund based in New York. Sportsvite, which has been around for the past half year, enables people to organize their sports activities. Creating teams & groups, organizing games, being able to search for people with similar interests are few of the activities you can do at Sportsvite. The amount of activity on the site and features available don’t justify the funding, but Sportsvite might have more plans in store to give the startup a definitive direction and market it wants to go after.

Takkle, Traineo, Tired&Tested, Gimme20, and BIMActive, are just some of the social networking based variations for sports enthusiasts available right now.

Links:
Sportsvite