LEADING DIRECT-TO-CONSUMER SPORTS PLATFORM, HANG, RAISES $9.2M SERIES A ROUND
NEW YORK, Nov. 27, 2023 /PRNewswire/ -- Hang Media, Inc., whose award-winning HANG platform (letshang.live) has drawn more than 22 million young viewers to interactively experience sports events alongside current players, all-time greats, and celebrities, has completed a $9.2 million Series A funding round. HANG will use the proceeds to accelerate product development and audience growth, expanding its leadership position in the rapidly growing direct-to-consumer sports media category.
- HANG will use the proceeds to accelerate product development and audience growth, expanding its leadership position in the rapidly growing direct-to-consumer sports media category.
- The financing was led by The Operating Group, a holding company run by media, technology and finance executive Ken Cron.
- Emergetic, LLC partners Mark Lieberman and Ron Frankel advised Hang Media on the transaction.
- "We are excited to partner with the amazing HANG team," said Ken Cron, CEO of The Operating Group.