Atlanta - 2080 Media, a company that helps customers produce and distribute untelevised live sporting events, has raised $3 million in venture capital, according to a report by the Atlanta Business Chronicle.

Imlay Investments led the deal, which included participation from Noro-Moseley Partners.

The $3 million investment will help pay for the acquisition of the assets of PlayOn Sports, a Turner Broadcasting business that webcasts sporting events, 2080 CEO David Rudolph said.

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