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Toronto's InGamer closes funding round, lands big hire as it prepares for US launch

"It's been a big week for us," says InGamer Sports co-founder Nic Sulsky. The MaRS-assisted Toronto startup announced March 14 that it had closed its first funding round and landed former NBC sports digital head Rick Wolf as executive vice-president. Both moves position the company for widespread growth as it launches its products in the US market this September.

As reported by Yonge Street in 2010 and 2011, the company has bootstrapped its way to growth since launching in time for the 2010 hockey playoffs. The InGamer platform allows sports fans to engage in online, real-time fantasy sports contests while watching live events. After growing steadily in Canada and internationally through partnerships with sports television networks, Sulsky says the recent developments position the company to rapidly grow.

"This was huge. The funding allows us to focus on the big picture now, which is a monstrous opportunity to grow. And Rick, with his reputation south of the border, his experience in fantasy sports companies and his background in broadcasting, validates our vision. This allows us to take the next steps to take our $1 million to become a $100 million company," says Sulsky. "And then, of course, on to turning  it into a $1 billion-dollar company."

The team at InGamer has steadily grown, from the two founders to 11 staff today. Sulsky says they continue to hire developers to add to their team.

Writer: Edward Keenan
Source: Nic Sulsky, InGamer Sports
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