TeamSnap, a US-based developer of team management software backed by media company Torstar, raised a $10m series B round yesterday led by Northgate Capital.
The round included Colorado Impact Fund, Crawley Ventures, Foundry Group and several unnamed existing shareholders.
Founded in 2009, TeamSnap operates a platform aimed at simplifying sports team management. The tool offers an overview of aspects such as game schedules, practice, and available equipment.
The round will support faster deployment of new features.
TeamSnap was previously reported to have secured $7.5m series B funding from Torstar, Trinity Ventures, Toba Capital and Harris Barton in a February 2014 round led by Foundry Group. A regulatory filing revealed this was a separate round.
Torstar also took part in a $2.75m round in 2013 alongside Toba Capital, Hbam, Trinity Ventures and EonBusiness. The company previously raised approximately $1.6m, according to regulatory filings.