CT-based Arccos Golf raises $20M from PGA Tour, different buyers

STAMFORD — Prior to now decade, a Stamford-based firm’s expertise has helped golfers all over the world to enhance their video games. A few of the main organizations within the sport have seen its affect.  

Arccos Golf just lately introduced a $20 million fundraising spherical, which included the PGA Tour and gear producers Ping, TaylorMade Golf, Cobra Puma Golf and Topgolf Callaway Manufacturers. The funding highlights the popularity of the corporate on the prime ranges of golf, and it’ll permit the agency to additional develop its on-course monitoring expertise, which exemplifies the rising significance of information in sports activities. 

“The most important manufacturers in golf are getting behind our mission and imaginative and prescient,” Arccos co-founder and CEO Sal Syed stated in an interview. “It actually lays out what the way forward for golf goes to seem like, and information goes to be a vital a part of it. It dramatically will increase our capability to get this expertise within the arms of as many golfers as attainable, to assist them get higher.”   

Via the funding, Arccos has change into the official recreation tracker of the PGA Tour. 

“On the PGA Tour, we perceive the worth of accumulating and reporting info on each shot, by each participant throughout match competitions,” Lance Stover, the PGA Tour’s senior vice chairman of latest ventures, stated in a written assertion. “Arccos’ providing is geared to customers who are usually not capable of compete on tour. Given the dimensions of the golf trade, the sophistication of Arccos’ recreation monitoring answer and the (authentic gear manufacturing) companions it has in place, an incredible alternative exists to deliver this functionality to many extra golfers, and we’re thrilled to be a part of that journey.”

Arccos already has a presence on the PGA Tour, as some gamers have used its expertise in main championships together with the U.S. Open and the PGA Championship, in accordance with Syed. 

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