Funding daily

Israeli Startup Openweb Raises $150 Million

What is OpenWeb and what does it do?

OpenWeb is a social engagement platform.

Who founded OpenWeb?

The company was founded in 2012 as Spot.IM by software architects Nadav Shoval and Ishay Green. Roee Goldberg joined as Co-Founder and COO in 2014.

How much has OpenWeb raised?

$150 million in a Series E funding, it sends OpenWeb to a fresh unicorn status, as the company is now valued at over $1 billion.

Who has invested in OpenWeb?

The round was led by New York-based Insight Partners and Georgian Partners. Technology investor Omer Cygler, Harel, and Entrée Capital also participated in this round. The round was also joined by The New York Times Company, Dentsu, and Samsung Next.

What domain name does OpenWeb operate on?

The company operates on its exact brand match, OpenWeb.com, the Israeli startup was formerly named Spot.IM, a massive upgrade/rebrand that clearly seems to serve them well. 

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ArnaudJRPB

Born in Paris a long time ago, fmr investment banker turned novelist, professional Twitter scroller, avid news reader/writer.
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