Blue Label invests in sports analysis start-up

Blue Label Telecoms’ Blue Label Ventures has invested in technology start-up Mobii Systems, which provides rugby match analysis to teams and coaches to help them plan their game strategies.

Blue Label Ventures is the venture capital and private equity arm of the JSE-listed Blue Label Telecoms. The company will acquire up to 26% of Cape Town-based Mobii, “giving the company’s team of highly skilled developers of sports data applications the funding needed for new and ongoing product development, as well as access to a wider customer base and increased market share”, Blue Label said in a statement on Tuesday.

Read the full  report here TECH CENTRAL report here:

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