Sports blogs and community site SBNation, founded by former AOLer Jim Bankoff, has raised about $8 million in its second round of funding, according to an SEC filing that just came out (embedded below).
Previously the company had raised a $5 million round last year, from Accel Partners Allen & Co., Ted Leonsis, Dan Rosensweig, Jeff Weiner, football-player-turned-PE manager Brent Jones, and execs from Providence Equity Partners, where Bankoff was previously an adviser.
Launched in 2003 by DailyKos founder Markos Moulitsas (who is on the board), Washington DC-based SB Nation is made up of over 200 sites around regional sports teams like BehindtheSteelCurtain, for the Pittsburgh Steelers, and AthleticsNation, for the Oakland A’s. Earlier this year it did a deal with Yahoo Sports in which SBN community sites are featured in relevant areas of the Yahoo (NSDQ: YHOO) site.
By Rafat Ali