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Short Take: Sports site raises $11 million

SportsYA, a sports site for Latin America, Spain, and Latinos in the United States, said today it raised $11 million dollars from investors including IMG/Chase Sports Capital, Chase Capital Partners, Flatiron Partners, Ventech and Radio Unica. The privately held Miami-based company, founded in 1998, also said it will work with Radio Unica to jointly promote shared content. The investment will help the company expand further into the Brazilian market.

Stefanie Olsen Staff writer, CNET News
Stefanie Olsen covers technology and science.
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Stefanie Olsen
SportsYA, a sports site for Latin America, Spain, and Latinos in the United States, said today it raised $11 million dollars from investors including IMG/Chase Sports Capital, Chase Capital Partners, Flatiron Partners, Ventech and Radio Unica. The privately held Miami-based company, founded in 1998, also said it will work with Radio Unica to jointly promote shared content. The investment will help the company expand further into the Brazilian market.