Woto secures $500k in seed funding to support its public platform launch.
The seed round was led by Ingenious Ventures and Galata Business Angels.
≈ £311K at $1 = £0.6219 on 6 Oct 2014
British technology company that provides a social publishing platform designed for users who want to share content without character limits.
British startup Woto has secured $500k in a seed funding round led jointly by Ingenious Ventures and Galata Business Angels. The capital will be deployed to support the public launch of the platform, refine its user proposition, and expand its reach among active online sharers. Previous backing for the company came from Zag, the corporate venturing arm of BBH. The latest investment follows rapid early adoption after the platform's beta launch earlier in the year.
From the founder
"Since 1993 we’ve watched four waves – the first was web authoring tools, the second was content management systems, the third was hosted content management systems, and the fourth is social publishing."
Ian Collins
Co-founder at Woto
Use of funds
- 01Continue product development
- 02Invest in sales and marketing
Investors
Categories
About the company
Woto
Woto operates a social publishing platform designed for users who want to share content without character limits.