Blue Star Sports, a leading provider of sports management software, acquired New York City-based Krossover Intelligence, a leading sports film breakdown and statistics company. The acquisition of Krossover continues Blue Star Sport’s fast growth pace and aligns with its goal to become the technology leader in amateur and professional sports and continues its pursuit of the vision of the connected athlete.
Krossover builds video and data management tools for sports teams at all levels of play. Their customers range from clubs and high schools all the way up to the professional ranks. Constituents in sports, from national governing bodies, to clubs, leagues, teams, coaches, parents, and athletes, all desire more data, analytics, and statistics to improve the player and coach development lifecycle.
Launched in 2010, Krossover has worked with more than 20,000 sports teams in more than 20 countries. Krossover’s cloud-based platform allows users to access their content from any device, filtering through clips by selecting a specific set of criteria such as player, shots, turnovers, assists, court/field position and much more. Part of the company’s approach is integrating statistics with the video itself, which allows them to provide interactive data visualizations like shot charts, tendency reports, and heat maps derived from the performance of a particular team or player.
The initial potential of Krossover attracted heavyweights in the professional sports world to become investors; Stephen Ross, Chairman of the Board and owner of the Miami Dolphins, Dan Gilbert, majority owner of the Cleveland Cavaliers, and former San Antonio Spur and NBA Champion David Robinson. All have signed on to become shareholders in Blue Star.
“Over the past seven years, it’s truly been gratifying to see coaches, athletes and teams play smarter and gain a better understanding of their sport through our platform,” said Vasu Kulkarni, founder and CEO of Krossover. “It’s an exciting opportunity to join the Blue Star Sports family and accelerate Krossover’s growth in the greater sport community. We’ll now be able to provide our current and future customers a wide variety of technology solutions for their teams, all directly complementing the products Krossover already provides.”
This acquisition of Krossover continues to build upon the suite of sports tech companies Blue Star Sports has been corralling over the past nine months, which purchased Bonzi and Captain U, among others, and most recently GroupNet Solutions last week. Vasu Kulkarni will continue to run Krossover and drive its organic growth.
“The addition of Vasu to Blue Star Sports bolsters what was already the strongest line-up of leaders in the sports technology space,” said Rob Wechsler, the founder and CEO of Blue Star Sports. “Krossover adds yet another powerful layer to the portfolio. Blue Star Sports is with you from your very first rec league all the way to the high school, collegiate and professional ranks. Our technology is used by tens of millions of people, all over planet. The depth and breadth of the product we now offer is unrivaled by anyone in the industry.”
“RSE Ventures is thrilled to have played a role in Krossover’s growth and anticipates more success as they continue to flourish under Blue Star’s leadership,” said Stephen Ross. “We look forward to being a part of their journey as they deliver video and analytics to all levels of sports.”
