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Wave.tv Snags $32M For Sports Media

Los Angeles-based Wave.tv, a sports media company focused on Instagram, Snapchat, Facebook, Youtube, and Tiktok, said this week that it raised $32M in its Series A funding round. The funding--which included both equity and debt--was led by CoVenture and GPS Partners, and also included existing investor Golden Ventures and Sweet Capital. The company said the funding will go to expand its portfolio of media brands. The company is led by CEO Brian Verne and President Ishaan Sutaria.