Manhattan Beach, Calif. - MaxxAthlete, an online social network and Internet broadcast network for youth sports, has raised $3 million of a $5 million first round of venture capital financing, from unnamed investors, VentureWire reports.

The company also announced that it ahs acquired VisionSports, HoopTV.net and MaxAthlete, three providers of online and event-based youth sports services.

Financial terms of the deals were not disclosed. Manhattan Beach, Calif.-based MaxxAthlete's brands include a Web TV broadcast network for youth sports, GrassrootsTV.com; a social network for athletes (JoxxStop.com); a recruiting network for college coaches (MaxxInsight.com); and an online sports media site (MaxxScoreCard.com).

The company said it will use the funds and assets from the acquisitions to launch its broadband network for youth sports.

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http://www.maxxathlete.com