Plays.tv, the game recording and replay platform has received a $15 million investment round financed by a fund "associated with the owners and executives" of the San Francisco 49ers, basketball player Jeremy Lin and several other venture capital firms.
"Plays.tv grew very quickly since its launch and our community really embraced the platform not just for the social sharing but for replaying and improving as players,” Plays.tv founder Dennis "Thresh" Fong said in a press release. “With Shasta and our other investors, we are in a great position to make Plays.tv the most personal and relevant source of gameplay content, and the de facto platform to replay and share videos to get better at your game.”
It is unclear exactly how related the fund associated with 49ers owners and executives is to the 49ers organization itself, though Perkovich is also the managing director or Aurum Partners LLC, the investment arm of the owners of the 49ers.
“Plays.tv is as essential to gamers as reviewing tape is to NFL coaches,” Brano Perkovich, Chief Investment Officer of the San Francisco 49ers, said in a press release. “We believe Plays.tv can become a tool that PC gamers can’t live without.”
In addition to the two sports investors, the most recent investment round also features a host of technology investors. The financing was led by Shasta Ventures, which has invested in Mint.com and Nest Labs, and included Accel Partners, which was an early investor in Facebook, Tenaya Capital (formerly Lehman Bros. Venture Partners), DAG Ventures and Founder's Fund. Founder's Fund is a venture capital firm that is notable for being founded in part by PayPal founder Peter Thiel and having been an early investor in Facebook and SpaceX.
Daniel Rosen is a news editor for theScore esports. You can follow him on Twitter.