Apester Raised $17M in Series A Round Led by Blumberg Capital

Last week, New York-based Apester, a platform brands and publishers can use to tell stories with digital content, announced it closed a $17 million Series A round led by Blumberg Capital.

Finding new ways to hold the audience’s attention with digital content is a problem other startups such as Contextly, an alum of the Matter accelerator, have also been trying to solve for publishers.

Apester initially raised $5 million in a first tranche of funding some nine months ago, with $12 million closed in the tranche announced last week. Other backers in the round include Mangrove Capital Partners, Wellborn Ventures, and individual investors Tal Simantov, former chief marketing officer of AOL; Gigi Kaplan, co-founder of Wix; and Tal Kerret, president of Silverstein Properties.

Publishers such as AOL, Time Inc., USA Today, BBC, FOX, OK! Magazine, Food Network, and The Daily Telegraph use Apester’s platform to share interactive and video content with their audiences.

Author: João-Pierre S. Ruth

After more than thirteen years as a business reporter in New Jersey, João-Pierre S. Ruth joined the ranks of Xconomy serving first as a correspondent and then as editor for its New York City branch. Earlier in his career he covered telecom players such as Verizon Wireless, device makers such as Samsung, and developers of organic LED technology such as Universal Display Corp. João-Pierre earned his bachelor’s in English from Rutgers University.