TeamPages Raises First Round

TeamPages, a Victoria, British Columbia-based online organization tool for sports teams, has raised an undisclosed amount of Series A funding led by Burda Digital Ventures.

PRESS RELEASE

TeamPages ( www.teampages.com ), the online tool assisting coaches, team managers, and league administrators to organize their teams and athletes announced last week that it has completed its Series A round of financing led by Burda Digital Ventures and several local angel investors.

“With this round of financing and help of Burda Digital Ventures, we will be able to grow our great team, improve the design of TeamPages to make it even easier to use, and really begin to expand our marketing and sales efforts across North America,” said Mike Tan, Founder and CEO of TeamPages Inc.

TeamPages is pioneering an online athletic community through solving two major pains common in all amateur team sports: team communication and scheduling. TeamPages provides teams and athletes with a central online location to post and share their athletic information, such as: schedules, announcements, contact information, statistics, and photos. TeamPages saves coaches, parents and players time and headaches when it comes to team management and communication.

“We have designed and built TeamPages with the focus of making the lives of the millions of coaches, parents, and athletes who are involved in amateur sports easier when it comes to managing their teams and athletic lives,” adds Tan.

After an initial start from taking first place at the IDC Challenge Business Plan Competition and recently second place in the New Ventures BC Competition, TeamPages has secured close to a half a million dollars from Burda Digital Ventures and several local angel investors. “We are extremely excited to be a part of TeamPages going forward. They are offering a unique product that addresses a clear market need for amateur sports teams.” says local Internet entrepreneur and investor Boris Wertz. “Together with Burda Digital Ventures we plan to build a larger portfolio of Consumer Internet investments in the Pacific North West and TeamPages is a great addition to our existing portfolio.”

TeamPages is currently in its beta phase and will be launching nationwide in the New Year.

For more information please contact Mike Tan, CEO of TeamPages, at (250) 516-9615 (cell phone) or (250) 412-2466 (office).

About TeamPages

TeamPages is an online social network for parents, coaches, and athletes of sports teams that helps all participants stay in touch with each other and keep up to date with the team's schedule of games and events. TeamPages provides a central online location for teams and athletes to post and share their athletic information such as schedules, announcements, contact information, scores, and photos.

About Burda Digital Ventures

Burda Digital Ventures is the venture capital arm of Hubert Burda Media, one of Germany's largest media companies. Together with local Internet entrepreneur and investor Boris Wertz, Burda Digital Ventures plans to expand its investment activities in the Pacific North West by focusing on Consumer Internet opportunities. Current investments in this region include among others Victoria's AbeBooks Inc. and Vancouver-based Suite101.com.