Well this is interesting. Hudl just raised $72.5 million.
CEO David Graff told re/code that he plans to use some of the money to grow the staff; but he’s also looking for acquisition targets.
Hudl, which has been profitable for years, didn’t need to raise money to support hiring a few new people. Sounds to The Scoop like something larger is in the works. Stay tuned…
Will check with some folks and update.