OnSwipe, a New York-based company that provides a platform that allows publishers to distribute their content on touch enabled devices via the browser, has raised $5m in its Series A funding.
The round was led by Spark Capital, with participation from Lightbank, Yuri Milner, Lerer Ventures, Betaworks, SV Angel, Morado Ventures, Thrive Capital, and ENIAC Ventures.
The company, which closed a $1m seed financing five months ago (read the news), intends to use the funds to continue to develop its platform and increase its engineering team.
Co-founded by Jason L. Baptiste, CEO, and Andres Barreto, COO, Onswipe provides publishers with the ability for to make their content available on tablet devices (such as iPad) and with an advertising platform.
The full solution will be officially launched on June 21st at SoHo House in NYC.
FinSMEs
03/06/2011