Footbo, which operates an interactive website for soccer fans, has raised $2.5 million from Pitango Venture Capital, an Israel-based VC firm, according to a report on TechCrunch today.
London-based Footbo previously raised $1.6 million from Pitango in February 2008, according to Thomson Reuters (publisher of peHUB). The earlier investment was made by Pitango’s fifth fund, Thomson Reuters reports. Footbo is expanding into other sports, having recently launched a fantasy baseball site called 11Runs. –Lawrence Aragon