Connecticut Innovations (CI) recently invested $1 million in newly-relocated LiveClips.

Stamford, Conn.-based LiveClips, formerly in New York, is a fast multi-screen service that delivers in-game video clips to smartphones, tablets, PCs and other Internet-enabled devices. The staff at LiveClips has grown by 300 percent since March in the wake of its technology use by major sports names such as Major League Baseball, and by ESPN for NCAA college football and the FIFA World Cup.

Peter Longo, president and executive director of CI, said in a statement that LiveClips is an attractive investment for the technology investment and innovation development company because of the “capabilities of its technology and the huge potential audience.”

CI has made this investment with LiveClips through its Eli Whitney Fund which is a Flagship Early-Stage Investing Program. In this program, CI invests up to $1 million as a single investor or works with other qualified investors to help the selected company with innovations and products. In addition, mentoring, management and marketing support are also offered to these companies CI has invested in.

CI also has a Pre-Seed Investment plan, which NovaTract recently graduated from.

LiveClips CEO Lewis Bakes said in a statement that he considers CI’s investment in LiveClips “another significant step in positioning us to achieve our goals.”