GENWI raises $4 million from Nexus Venture Partners

GENWI, a cloud publishing platform for mobile, announced
that it raised $4 million in Series A funding from Nexus Venture Partners and
existing investors Inventus Capital Partners and Quest Venture Partners.

With this,
GENWI’s total funding to $5.1 million including their original $1.1 million seed round
raised in 2010.

actively managing over 1,500 apps for thousands of publishers. As opposed to
custom building apps for each device form factor, GENWI affords publishers the
ability to publish once and deliver interactive apps across all smart mobile
devices — including iOS, Android, and HTML5.

Cloud Publishing Suite offers a mobile optimized, content aggregation and
management system (mCMS), a custom interface layout engine, usage analytics,
smart content curation based on analytics, social and ad networks integration,
and app distribution from the cloud.

and mobile marketers can now build out their entire mobile strategy on the
GENWI platform as opposed to creating piecemeal solutions for various devices
from multiple services. Resulting live publications in the form of interactive
apps offer a visually stunning experience along with real time content delivery
and interactivity while affording the publisher a cloud publishing platform
with unparalleled scalability and an incredible time to market advantage.

customers include Vans Shoes, Forbes, Cox Media, PBS Arizona, PBS Sprout Kids,
TNA Wrestling, Moguldom Media, and Newser.

new funding round will be used to build out the infrastructure and an extensive
app network to offer more advanced monetization, and distribution features for
publishers,” said PJ Gurumohan, CEO and founder of GENWI.

new round comes from the very best visionary leaders and entrepreneurs with
expertise in cloud and infrastructure services combined with publishing
industry expertise to help us expand internationally,” Gurumohan added.

By Team
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