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Billerica’s XOS Technologies Inc., a company making software for managing digital media assets for sports teams, has raised $3.95 million in new funding, according to a federal document.
The filing with the U.S. Securities and Exchange Commission shows that there are four backers in the new round of funding, but does not name them. As in their last funding round - $5.6 million in March - listed as related person in this new round are Glenn Rieger, general partner at NewSpring Capital of Pennsylvania; George Weiss, founder and CEO of Beechtree Capital in California; Christopher Noe, general partner of Dublin Capital Partners; and John Wyant, managing director of Blue Chip Venture Co. and chairman of the XOS board.
Since it was founded in 2005, XOS has raised just over $50 million in backing. The company, which also maintains a second headquarters in Orlando, Fla., makes technology that allows for sharing of online news, information, features and video and audio assets primarily for college sports via internal arena systems, HD streaming or mobile distribution, according to its website.
The company was rebranded in 2010 as XOS Digital, but is officially still named XOS Technologies Inc. Among its customers are ESPNU and ESPN.com, Louisiana State University, University of Minnesota, University of Nebraska, Duke University, Sun Belt Conference and others.
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