OpenWeb

OpenWeb, formerly known as Spot.IM, is a social engagement platform that builds online communities around digital content.

OpenWeb's mission is to improve the quality of conversations online, building a healthier web where content creators of all kinds are empowered to thrive. 

OpenWeb was founded in Israel in 2015 by Nadav Shoval and Ishay Green. The company is headquartered in New York, with offices in Tel Aviv, Kiev, San Diego, Canada, London and Paris.

 

OpenWeb partners with publishers and brands to build strong, direct relationships with their audiences. OpenWeb's technology empowers its partners to build vibrant communities rooted in healthy conversations and robust social experiences.

 

OpenWeb's B2B2C platform is designed to power end-to-end user experiences with user activation and management, first-party data aggregation and management, AI moderation, and social experiences.

 

OpenWeb's proprietary technology is used by the world's top publishers, including The New York Times, Hearst, Yahoo!, Penske Media Corporation, and News Corp., to gain independence from traditional social media and cultivate trust, community, and quality conversations, across thousands of communities with more than 100 million active users each month.

 

OpenWeb is backed by Index Ventures, Georgian, Entrée Capital, AltaIR Capital, The New York Times, Dentsu, Samsung Next, ScaleUp, Harel, and others. The company raised $170M in Series F round on Oct 27, 2022. This brings OpenWeb's total funding to $393M to date. The latest round pushed the company's valuation to $1.5B post-money. OpenWeb was previously valued at $1B in its Series E raised in Nov 2021.

 

 

  • Year founded: 2015
  • Funding Info: $393M over 6 Rounds (Latest Funding Type: Series F)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at over $1.5B as of Oct 27, 2022
  • City/Town: New York
  • State: New York
  • Country: United States
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