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Online Sports Entertainment Firm NBX Raises $3.3 Million

Authored by Mark Hefflinger on March 15, 2006 - 10:03am.
Saratoga, Calif. - NBX, an online sports entertainment company, announced on Wednesday that it has raised $3.3 million in its first round of venture capital financing, led by MK Capital. Saratoga, Calif.-based NBX plans next month to launch its social networking service that implements a fantasy sportsbook, where members can create profiles and "wager" on real sporting events using Las Vegas odds and virtual currency. The company also offers a range of sports-related podcasts and blogs from personalities including the NFL's Kevin Gogan, James Washington and Gary Plummer, and comedian Jay Mohr. NBX was founded in September 2004, and reported 2 million show downloads in the second half of last year.
http://tinyurl.com/epxhw
http://www.nbx.com

tags: Deals | NBX | Online Sports Entertainment |

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