Clubessential Acquires Stretch Internet

Clubessential, a heading provider of membership and bar government solutions to a private club, college jaunty and health and aptness markets, currently announced a merger of Stretch Internet. Stretch, formed in Phoenix, Arizona, pioneered a expansion and deployment of streaming video record that delivers high quality, real-time, immersive video broadcasts of some-more than 70,000 live college sports events a year.

“We are vehement to acquire Stretch Internet, their valued customers, employees and partners to Clubessential’s Sports Division. Stretch Internet successfully serves over 40% of a 4-year schools in a vital jaunty programs such as a NCAA and NAIA,” pronounced Randy Eckels, CEO of Clubessential, that is infancy owned by investment organisation Battery Ventures. “The company’s innovative video streaming resolution delivers a constrained user experience, to any screen, providing students, parents, alumni and sports fans realtime entrance to each touchdown, home run, idea and basket scored. The company’s artistic formation of live statistics, present highlights and amicable media provides a truly singular spectator knowledge unmatched in a industry.”

Chad Waller, Director Athletic Communications Media, National Association of Intercollegiate Athletics (NAIA), said: “Stretch Internet is a vital partner providing well-developed streaming video use to 164 of a discussion propagandize jaunty programs.” Waller added, “Stretch Internet continues to innovate operative with a discussion staff to safeguard a members have a many cost effective, promote resolution powering their digital sports presence. Stretch Internet’s customer support has been instrumental in assisting a member colleges successfully broach their jaunty module calm to a flourishing fan base.”

“We couldn’t have found improved partners than Battery Ventures and Clubessential to assistance lead a association and record height by a subsequent proviso of a growth,” pronounced Ryan Ermeling, Stretch Internet’s Founder, President CEO. “Our clients will advantage tremendously from a knowledge and resources done accessible by this new investment and partnership in a college entertainment market.”

About Clubessential

Founded in 2002, Clubessential provides a full apartment of membership and bar government Software as a Service solutions to private clubs, health aptness clubs and college jaunty programs by a Clubessential, ClubReady and PrestoSports brands. The association offerings include of websites, mobile apps, accounting, point-of- sale, payments, CRM, reservations, camps and statistics program solutions that assistance over 1,400 private clubs, 2,500 aptness clubs and 950 college jaunty programs improved attract, engage, and keep their members and fans for life. For some-more information, revisit http://www.clubessential.com; http://www.clubready.com; and http://www.prestosports.com.

About Stretch Internet

Stretch Internet was founded in 2003 by former college sports information director, Ryan Ermeling, with a prophesy to renovate college sports broadcasting by a Internet. Since day one, a association has focused usually on streaming and delivering “freakishly good support.” With over 500 clients, representing 40% of a college market, and 70,000 broadcasts per year, Stretch Internet is a #1 streaming provider in a U.S. collegiate entertainment space. For some-more information, revisit http://www.stretchinternet.com.

About Battery Ventures

Battery strives to deposit in cutting-edge, category-defining businesses in markets including program and services, Web infrastructure, consumer Internet, mobile and industrial technology. Founded in 1983, a organisation backs companies during stages trimming from seed to private equity and invests globally from offices in Boston, a San Francisco Bay Area, Israel and London. Follow a organisation on Twitter @BatteryVentures, and revisit a website during http://www.battery.com.

CONTACT:

David Higgins

CLUBESSENTIAL | CLUBREADY | PRESTOSPORTS | STRETCH INTERNET

513.533.5731

dhiggins(at)clubessential.com

4600 McAuley Place | Suite 350 | Cincinnati, OH | 45242

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