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Sports Game Site PicksPal Launches with $2 Million in VC

Authored by Mark Hefflinger on September 15, 2005 - 10:47am.
Mountain View, Calif. -- Tom Jessiman, a former senior executive with CBS SportsLine.com, Sports.com and Ziff-Davis, said that he has launched PicksPal.com, a company offering free, weekly online games designed to test the knowledge of sports fans, backed by $2 million in venture capital from Canaan Partners. Site members compete for points -- no money is involved. They each begin the week with 1,000 points, and have the chance to earn more points by picking the outcomes of real sporting events based on real odds. The site said that it works like a live stock picking contest, except that it's based on the outcomes of sporting events. Winners are honored on the site. The company also said that Kenneth Dotson, the CMO of TicketsNow.com, has joined its board of directors. He is the former vice president of marketing for CBS SportsLine.com.
tags: Launches | VC | Sports Game | PicksPal |