Nick Kyrgios, Myles Garrett Join Athletes Backing Startup Buzzer

Sports streaming startup Buzzer Technologies Inc. has raised new funding and entered discussions with leagues, teams and networks as it opens up the platform for licensing deals.

The $20 million round was led by venture firm Sapphire Sport and joined by ID Fund, NewBound Ventures and Lerer Hippeau Ventures Management. New athlete investors include tennis player Nick Kyrgios, football player Myles Garrett and basketball star Kevin Durant’s Thirty Five Ventures. It brings the company’s total funding to more than $44 million.

“The strategy here is to work with the biggest rights holders,” Buzzer founder and Chief ...