Three investment groups have committed a combined $100 million in new funding for League One Volleyball. The organization branded as LOVB, pronounced LOVE, owns 58 junior clubs with 16,000 athletes across the country. It will operate a professional league beginning play in January. LOVB announced the Los Angeles-based private equity firm Atwater Capital is the lead investor and joined by existing New York-based investors Ares Management and Left Lane Capital. The latest investment is in addition to the $60 million LOVB has raised.
