Genwi, which makes cloud publishing platforms for tablets and smartphones, raised $4 million in Series A funding in a round led by Nexus Venture Partners with participation from existing investors Inventus Capital Partners and Quest Venture Partners. Jishnu Bhattacharjee of Nexus Venture Partners will be joining Genwi’s board of directors.
PJ Gurumohan, CEO and founder of Genwi, said the funding would be used to build out the infrastructure and an extensive app network to offer more advanced monetization and distribution features, and also to develop multilingual functionality.
Major Genwi customers include Vans Shoes, Forbes, Cox Media, PBS Arizona, PBS Sprout Kids, TNA Wrestling, Moguldom Media and Newser. Genwi said it enables its customers to have a reliable and innovative mobile presence without the complexities or costs of original code development, and with continuing low cost of operation. It also gives publishers the ability to publish once and deliver across all smart mobile devices, including iOS, Android and HTML5.
The Genwi Cloud Publishing Suite features a mobile-optimized, content aggregation and management system, a custom interface layout engine, usage analytics, smart content curation based on analytics, social and ad networks integration, and app distribution from the cloud.
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