Boulder’s TeamSnap on Wednesday announced the acquisition of Seattle-based Korrio, a cloud-based service for organizing and sharing youth sports. Financial terms of the deal were not disclosed.
Founded in 2009, TeamSnap utilizes web and smartphone apps to communicate and coordinate team sport activities. The company claims more than 15 million users, from coaches, administrators, parents and players.
“TeamSnap has become the platform amateur sports participants and organizers cannot live without,” CEO Dave DuPont said in a statement. “We’re excited to welcome Korrio’s outstanding base of customers. They will appreciate the breadth of capabilities our platform provides and love how it simplifies their lives.”
TeamSnap earlier this year closed on a $25 million round to fund future acquisitions, and in June bought Missouri league management firm FanAppEvents for an undisclosed sum. The company has raised more then $47 million to date.
