1World Announces Completion of Equity Capital Raise
1World extends its lead in its sector and readies full release of its 2.0 Platform
SAN JOSE, Calif., June 3, 2015 /PRNewswire/ -- 1World Online announces it has completed an equity financing A2 round of $2.5 million at the end of May 2015. 1World provides Web and mobile-based engagement applications, content, and analytics for publishers, political candidates, and brands. 1World became #1 in its sector in 2014, winning OnMedia 100 and Global 100 Companies to Watch awards. During 2015, company momentum continues to accelerate.
"This new capital, much of it from venture capital firms we are excited to associate ourselves with, will be put to good use in fueling our growth," said Alex Fedosseev, CEO and co-founder of 1World. "Our 2.0 Web Publisher Platform, still in the process of being launched worldwide, will really benefit from this capital infusion, allowing us to on-board hundreds of new clients."
Recent milestones for 1World include acquiring 800 publishers and brands using its Software-as-a-Service platform; receiving over 10 million votes and 550M views through popular engagement applications; exceeding 2.8M user profiles through participation in opinion and social research via a compelling portfolio of engagement applications, such as Poller, Quizzes, Debate Forum, Surveys, and more. The 1World platform is deployed worldwide in nearly 200 countries and supports 10 languages.
1World rolls out monetization and advanced analytics features as part of its 2.0 SaaS / Software Platform. These new capabilities greatly benefit the 1World publishing community by increasing engagement and traffic on partner sites. New features include monetization of "screen real estate" via 1World engagement modules, content discovery capabilities, and expanded analytics tools. Additional product capabilities, partners, and clients will be announced soon.
The following institutional investors join 1World in this financing round: DEFTA Partners, Altair Capital, GV Launch Gurus, and Nest HK. DEFTA Partners is a venture capital firm focusing on technology and makes first round investments in early stage information technology companies with global opportunities to accelerate growth. Altair Capital is a venture capital firm that invests in early stage tech companies, primarily in the areas of Internet and Mobile. GV Launch Gurus has developed a new model for venture investing worldwide and 1World represents its first US investment. Lastly, Nest HK is an early stage venture capital firm headquartered out of Hong Kong which is helping 1World with its Asian expansion strategy, as well as connecting 1World to its UK network via recently launched operations in Europe.
About 1World Online
The 1World Online Consumer Intelligence Platform provides simple but effective engagement applications, unique content, ongoing market research, and insightful analytics about customers. 1World is headquartered in Silicon Valley with offices in San Jose, CA, the USA East coast, Europe, India, Japan, Ukraine, and soon China. The 1World service is available on the Web at 1Worldonline.com, and for the iPhone, Android, and Windows 8. Please visit us at http://www.1Worldonline.com and www.1World.cc or contact us at [email protected] or [email protected].
SOURCE 1World Online
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