Welcome!

News Feed Item

Binary Event Network (BEN) Appoints Veteran Sports Business Executive Amanda Angelini as President

Company Also Announces Closing of Second Angel Round of Capital Investment

NEW YORK, Jan. 31, 2014 /PRNewswire/ -- Binary Event Network, Inc. ("BEN"), a privately-held technology company that uses financial market technologies to connect live event programming with digital second screen experiences, today announced that Amanda Angelini has joined the company as President. Ms. Angelini brings over 15 years of distinguished experience across media/sports business development, investment banking, business expansion and law, serving most recently as Vice President of Business Development at USA TODAY Sports Media Group. At BEN, she will lead the continued commercialization and marketing of the BEN platform, oversee future growth opportunities and provide day-to-day leadership.

Separately, BEN also announced that it has closed its most recent angel round of financing, raising $1.875 million in capital from veteran finance, media and technology investors, including Broadhaven Capital Partners, an independent investment bank and growth equity investor serving the financial technology sector. The capital will be used to launch a production release of Pivit, the company's first "competitive spectator" app following the successful introduction of a Beta version in 2013. Additional funds will be used to build the team, accelerate marketing and user acquisition plans, establish business partnerships and expand the platform into complementary vertical markets.  

Greg DePetris, BEN's co-founder, said, "By applying financial technology to sports, news, politics and other live events, BEN has created a new model of active engagement that connects a user's first screen with any form of second screen. Amanda brings the ideal experience, strategic acumen and relationships to ensure we move ahead with a broad and successful commercialization effort. Her career reflects deep and sophisticated engagement with sports/digital marketing, business expansion and proven execution skills, and we are delighted she has joined the team.

"I also want to thank BEN's exceptional angel investors. We appreciate their continued support and confidence in our robust, real-time transaction platform," Mr. DePetris concluded.

Ms. Angelini added "BEN's ability to use financial market technologies to connect live event programming with real-time digital second screen experiences is truly unique, and I am honored to join the team. The opportunity to capture changing public and fan sentiment in real-time is a tremendous and unique opportunity within media industry and financial technology.  My immediate focus as President will be to ensure the successful launch of Pivit, while developing our business partnerships and revenue streams as we work toward longer-term product development, marketing and growth opportunities."

Prior to joining USA TODAY Sports Media Group, Ms. Angelini was Senior Director of Digital Business Development & Publisher Strategy for Soccer United Marketing/Major League Soccer. She also held positions of increasing responsibility in investment banking and capital markets for Citi Markets and Milbank, Tweed, Hadley & McCloy, both in New York, and at Arnold Bloch Leibler in Melbourne, Australia. Ms. Angelini received a Graduate Diploma in Applied Finance and Investment from the Security Institute of Australia and a Bachelor of Law Degree from Queensland University of Technology. She is a member of the New York Bar Association and received a graduate certificate in Sports Business from New York University.

About Binary Event Network
Founded in January 2011 by financial and media industry veterans, Binary Event Network (BEN) combines a global financial exchange platform with proprietary real-time content to create a new interactive experience for live events. The company's first product, set for release in January 2014, is a pioneering global social sports app designed to complement first and second screen experiences for sports enthusiasts and data consumers on mobile and tablet devices. BEN relies on data analysis and pricing models derived from the financial markets to stream a probability index that adjusts dynamically as changing sentiment, events on the field, and related inputs drive consensus opinion concerning the outcome of a game. Participants engage with the index by expressing their own opinions about what's likely to happen next, accumulating points, affecting the measure of consensus opinion, and proving their expertise. For more information, please visit www.BENMarkets.com or www.PlayPivit.com.

About Broadhaven Capital Partners
Broadhaven Capital Partners is a leading independent investment bank and growth equity investor focused exclusively on the financial services sector.  Broadhaven's advisory business provides unconflicted financial advice on mergers, acquisitions, joint ventures, private placements, restructurings and other strategic transactions.  With clients ranging from large, multinational corporations to emerging growth companies, Broadhaven offers clients unrivaled sector expertise, deep industry relationships and dedicated senior-level attention.  For more information, visit www.broadhaven.com.

Media Contact:
Jen Sanders, Perry Street Communications
[email protected]
(214) 965-9955

SOURCE Binary Event Network

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.