Taptu Raises €2.5M in Funding
Taptu, a Cambridge, England, and Denver, Colorado-based social media and mobile search technology company, has raised €2.5m (approximartely $3.5m) in funding.
Investors include DFJ Esprit and Sofinnova.
The company intends to use the funds to build Tapform, a new product designed to provide developers, publishers and hardware manufacturers with tools to create their own personalized social news aggregator. Tapform will open up APIs that are currently available only on its apps, allowing any third party to create its own social news aggregator.
Founded in 2006 and led by CEO Mitch Lazar, Taptu builds innovative platforms, tools and applications that enable personalized creation, curation, recommendation, search, discovery, management, consumption and sharing of content across all personal screen-based devices. The company will also continue to deliver new innovation around its Android and iOS news reader apps, adding additional content and features, including video, keyword-based search streams and user accounts. It also plans to develop a HTML5 Web version of the product to widen the availability of the service.