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Overtime Sports Raises $100 Million to Expand Leagues

Startup that began by posting sports highlights on social media now valued at over $500 million

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Overtime Sports Inc., the digital media company, has raised $100 million in funding to expand its leagues for the next generation of athletes.

Liberty Media Corp., which owns F1 and the Atlanta Braves, led the Series D investment round along with Morgan Stanley's Counterpoint Global. Other investors include Winslow Capital Management and Bezos Expeditions, the personal investment company of Amazon.com Inc. founder Jeff Bezos. Canadian rapper Drake and NBA star Kevin Durant were among the investors in previous rounds. The company has raised a total of $250 million to date.