Broadband Sports was originally founded in 1998, later becoming a high-flying dotcom-era network of sports-content Web sites that raised over $60 million before shutting down in February 2001. A new company with the same name and domain was launched in November 2005, which was based in Seattle, Washington and allowed users to upload, view and share both professional and user-generated sports media, covering over 20 sports. Its focus was to allow sports fans and athletes alike to connect directly via a community of fellow enthusiasts. It later went out of business. It shared no relationship to the failed dot-com company that shut down in 2001.