StatSheet Announces Additions to Executive Team

DURHAM, N.C., March 14, 2011 /PRNewswire/ -- StatSheet announced today the addition of two new executives with deep financial and company-building experience.

Venture capital veteran Scott Frederick has joined the company as chief operating officer. Before joining StatSheet, Frederick spent more than 13 years as a venture capitalist, including the last nine at Valhalla Partners, the venture firm he co-founded. Frederick also led the initial seed financing for StatSheet, and as such, he has a detailed understanding of the company's potential. Similarly, Adam Smith, who will be joining StatSheet as the company's vice president of operations and finance, has worked as an advisor to StatSheet since its inception. Smith comes to StatSheet from Square 1 Bank, where he launched and grew their Square Roots program focused on early stage technology companies.

StatSheet is a first-of-its-kind, automated publishing platform and content network that uses advanced technology to design and publish a network of sites that provide in-depth coverage for every Division I college basketball program in the country. The company's technology effectively humanizes massive amounts of data by turning billions of historical and real-time statistics into fully automated, digestible insights that can be shown as long-form narratives or compelling graphical displays. Thanks to its proprietary database of what is now over a billion statistics, StatSheet generates a level of analysis and insight on every team, every player, every coach and every game that is unmatched by other websites. The result is the most comprehensive network of college basketball sites on the web (www.StatSheet.com). Over the course of the next twelve months, Frederick and Smith will help StatSheet apply this technology to all major sports as well as to other data intensive verticals.

They say that the time to join an entrepreneurial venture is when you are so passionate about it that your heart and mind simply won't let you do otherwise – and that is the case with StatSheet. Both Frederick and Smith heartily agree, adding, "the closer we got to the opportunity, the more we realized we had to be involved full-time."

"I'm thrilled to have Scott move down from his seats in the 'owners' box' and join us courtside," said Robbie Allen, CEO. "It will certainly accelerate what we believe is the next revolution in online content." Those are kind words from an unabashed University of North Carolina fan for Frederick, a graduate of Duke University. But Allen remained true to his colors in landing Smith, who is a University of North Carolina graduate. "Adam is a significant addition to our team as he is nationally recognized for his ability to help entrepreneurs accelerate and manage their growth."  

Since launching just four months ago, StatSheet's content network has enjoyed rapid growth both in terms of the depth of its content and the size of its audience.

To learn more, visit www.StatSheet.com.

About StatSheet

Established in 2007, Durham-based StatSheet is an online sports content network dedicated to leveraging next-generation technology to bring sports fans what they want when they want it. StatSheet leverages advancements in data management, analytical processing, artificial intelligence, data visualization and automated publishing to generate, curate and deliver relevant and compelling real-time and historical content through a central portal and across a network of team-specific sites. Currently, the company provides comprehensive coverage of college basketball through its network of 347 sites, one for each college basketball team.  StatSheet's future plans include the rollout of similar sites to cover all college and professional sports.  Detailed statistics and analysis for NCAA basketball, College Football, NASCAR, and NBA are available at StatSheet.com. In addition, the company provides a service called Embed StatSheet, which allows customers to integrate historical or real-time stats, charts and other graphical elements on a website or blog. To learn more, visit www.StatSheet.com.

SOURCE StatSheet