Second Spectrum

Second Spectrum

Sports analytics and data tracking solutions

About Second Spectrum

Simplify's Rating
Why Second Spectrum is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

AI & Machine Learning

Entertainment

Company Size

51-200

Company Stage

Acquired

Total Funding

$19.6M

Headquarters

Los Angeles, California

Founded

2013

Overview

Second Spectrum specializes in sports analytics and data tracking, serving as the Official Tracking Provider for major sports leagues like the NBA, Premier League, and MLS. The company uses machine learning and artificial intelligence to analyze game data, providing insights that help coaches, analysts, and teams make informed decisions. Their technology allows for the creation of personalized and interactive content, enhancing the viewing experience for fans and engaging media companies. Unlike competitors, Second Spectrum has exclusive partnerships with top sports leagues, ensuring a consistent revenue stream through long-term contracts and subscription services. The goal of Second Spectrum is to improve the way sports data is utilized, making it accessible and actionable for all stakeholders in the sports industry.

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Simplify's Take

What believers are saying

  • Growing demand for AI-powered fan engagement tools enhances Second Spectrum's market position.
  • Partnerships with major leagues ensure steady revenue through long-term contracts.
  • Acquisition by Genius Sports combines innovative sports data and technology expertise.

What critics are saying

  • Increased competition from Genius Sports may lead to strategic misalignments.
  • Cultural differences may challenge PlayfulVision's integration as an R&D center.
  • Reliance on long-term contracts poses risks if leagues switch providers.

What makes Second Spectrum unique

  • Second Spectrum is the official tracking provider for NBA, Premier League, and MLS.
  • The company offers AI-driven real-time analytics for interactive sports broadcasting.
  • Second Spectrum's 'Dragon' platform synthesizes millions of on-court basketball data points.

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Funding

Total Funding

$19.6M

Above

Industry Average

Funded Over

2 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Company News

BNN Bloomberg
Mar 5th, 2024
WNBA Partners with Second Spectrum for Groundbreaking Optical Tracking Analytics

WNBA partners with Second Spectrum for groundbreaking optical tracking analytics.

Startup.ch
Sep 19th, 2023
PlayfulVision Sarl

PlayfulVision Sarl: PlayfulVision has been acquired and merged with Second Spectrum and is now serving as a research and development center of Second Spectrum in Switzerland. The Swiss office is specialized in Computer Vision and Machine Learning. PlayfulVision is a spin-off from the Swiss feder...

AI Jobs
Apr 18th, 2023
Machine Learning Engineer at Second Spectrum

Second Spectrum is looking for a Machine Learning Engineer to join its Artificial Intelligence group to develop advanced ML-based sports data products.

iGaming Express
Mar 10th, 2023
Genius Sports and NBA expand partnership to develop new next gen platform

The league and Second Spectrum will also work together to research and develop “Dragon”, a next-generation technology platform that will track “mesh” data, which aims to synthesize millions of on-court basketball data points.

The Streamable
Mar 9th, 2023
NBA League Pass to Offer Alternate Streams with Integrated Analytics, Statistical Insights of Players, Games – The Streamable

The league announced this week that it has entered into a multi-year agreement with Second Spectrum, a technology and analytics firm, to develop a next-generation technology platform for tracking basketball analytics and integrating them into League Pass.

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