GENWI Obtains $4,000,000 Series A Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9fc19d4e-1f0b-4f5a-b6f9-81a86adb7491&Preview=1
Date
10/12/2011
Company Name
GENWI
Mailing Address
Undisclosed Los Altos, CA 94022
Company Description
GENWI is the premier cloud based Tablet and Smartphone Publishing Platform. We enable publishers to create and manage interactive, social, and live media apps on iPad, iPhone, Android, and HTML5 (iSites™).
Website
http://www.genwi.com
Transaction Type
Venture Equity
Transaction Amount
$4,000,000
Transaction Round
Series A
Proceeds Purposes
The additional capital will be used to build out the infrastructure and an extensive app network to offer more advanced monetization and distribution features for publishers, global expansion and the development of multilingual functionality.
M&A Terms
Venture Investor
Nexus Venture Partners
Venture Investor
Inventus Capital Partners
Venture Investor
Quest Venture Partners