hudl workers

Hudl employees (from left) Claire Wieger, Anthony Galvan, Jolene Dreier and Layne Anderson work in the company's Lincoln offices. Hudl has announced a $30 million investment led by current investors.

Hudl, which set a record in 2015 by capturing the biggest-ever venture capital investment in a Nebraska tech company with $72.5 million, has secured another big investment.

The Lincoln-based sports-video company announced Thursday that existing investors have poured another $30 million into the growing company.

The funding round was led by existing investors, Nelnet, Accel Partners, and Jeff and Tricia Raikes. Hudl did not disclose how much each investor contributed or how much equity in the company the investment bought.

Nelnet has previously revealed in securities filings that it has invested more than $41 million in Hudl and owned roughly 19 percent of the equity in the company before this round of investment.

Hudl said it plans to use the money to continue growing its workforce in the U.S. and overseas. Hudl has nearly 600 total employees in 14 countries, including about 280 in Lincoln.

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Hudl's new seven-story West Haymarket headquarters building at Canopy and Q streets is nearing completion. The building's exterior is completed and work is continuing on the interior, with employees expected to move in before the end of the year.

Hudl, which was founded in 2006 by University of Nebraska-Lincoln students David Graff, Brian Kaiser and John Wirtz, now is used by more than 153,000 teams in more than 30 sports and has nearly six million active users.

“We see huge opportunities in the U.S. and abroad and will continue to grow our team globally to bring our products to new markets,” Matt Mueller, Hudl's chief operating officer, said in a statement.

“Combine these opportunities with the product innovations we're currently working on, our new world headquarters opening later this year and the enthusiasm we're seeing from the teams we work with,  and it's definitely an exciting time to be a part of the company,” Mueller said.

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Reach the writer at 402-473-2647 or molberding@journalstar.com.

On Twitter @LincolnBizBuzz.


Business editor/reporter

Matt Olberding is a Lincoln native and University of Nebraska-Lincoln graduate who has been covering business for the Journal Star since 2005.

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