Orkila Capital and Bolt Ventures completed the investment in Cast Iron Media.

Orkila Capital, a growth equity investment firm, and Bolt Ventures, a family-owned venture capital firm, completed the investment in Cast Iron Media, a sports streaming and advertising company that specializes in delivering targeted ads. Financial terms were not disclosed. "This is a transformative leap forward for Cast Iron Media. With the support of MLB, Orkila and Bolt Ventures, we will continue to innovate, empowering our league, team, and rights partners to maximize the value of their sports streaming rights, while delivering even greater value to our media clients. These investments position us to set a new standard in live sports media, benefiting rights holders and advertisers," Kent Heyman, Cast Iron Media CEO.