PlaySight, the cloud-based video and analytics platform used by professional teams and athletes for training, has raised $21 million in a Series C funding round that includes investment from SoftBank, the Japanese giant that has been building a diverse portfolio of tech startups.
SoftBank, through its $100 billion Vision Fund that it established in 2016 with a Saudi Arabia sovereign wealth fund and a $1 billion contribution from Apple, has invested in a range of different companies across a spectrum of industries, including WeWork, Slack and online sports apparel retailer Fanatics.
The company’s chief executive, Masayoshi Son, has positioned SoftBank as a holding company focused on startups that are already leaders, or on their way to becoming leaders, in their respective fields.