Binary Event Network Gets Growth Capital from Guggenheim, Cinnober and Broadhaven

By Luisa Beltran — 3 years ago

Guggenheim Partners, Cinnober Financial Technology and Broadhaven Capital Partners have provided initial growth capital to Binary Event Network. Financial terms were not announced. New York-based Binary Event Network provides technology that allows consumers to view sporting events and bet on them (but no money changes hands, a spokeswoman says). BEN will use the investment to launch TradeSports.