Yahoo! To Buy Sports App Company Hitpost
Hitpost’s team of seven people are going to join Yahoo! Hitpost has created apps that supports sports polls and live discussions. Hitpost’s apps also supports virtual currency bets.
Hitpost’s largest app SportsBet has hit between one and five million installs on Google Play. SportsBet lets players make bets on who wins games or which player might end up having more basketball rebounds or baseball strikeouts.
Hitpost received $2 million in funding from Khosla Ventures, RRE Ventures, Quotidian Ventures, and Mike Maples. Yahoo! also recently acquired another sports-related app called Bignoggins.