Boulder’s TeamSnap snaps up competitor Weplay

TeamSnap, a Boulder-based firm that develops software to manage sports teams and organizations, acquired the customer base and technology of Weplay a youth sports-focused social networking and team management site.

Financial terms of the acquisition were not immediately disclosed.

Credit: TeamSnap

Credit: TeamSnap

The New York-based Weplay, which has raised roughly $15 million since its launch in 2008, has 2.25 million customers.

The acquisition practically doubles TeamSnap’s customer base. TeamSnap now has 5 million customers in 195 countries, officials said.

As part of the transaction, TeamSnap also snapped up Weplay’s technology, online coaching resources and video content, officials said in a news announcement.

Earlier this year, TeamSnap raised $2.75 million in an investment round led by the parent company of the Toronto Star news organization. The acquisition allowed for further expansion into Canada, TeamSnap officials said.

About Alicia Wallace

Alicia Wallace is the business reporter for the Boulder Daily Camera.
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