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Onswipe Raises 5 Million Dollar Series AwesomeNEW YORK --(Business Wire)-- Onswipe announced today that it has raised a $5 million Series Awesome to keep up with overwhelming demand from both publishers and advertisers. Onswipe provides the ability for publishers to make their content look amazing on tablet devices such as iPad while providing an advertising platform to make publishers boatloads of money. Onswipe already powers over 18.5+ million sites via their partnership with Wordpress.com and has a waiting list of tens of thousands of sites for launch, along with a top tier group of iconic brand advertisers and publishers. The full platform launches on June 21st at SoHo House NYC to kick off the "Summer of Onswipe." "We realized what we are building is a larger opportunity than we ever thought while growing at a breakneck speed. In order to own the market we went out and raised a Series Awesome from the best group of investors possible that share our goal of world domination," said Jason L. Baptiste, CEO and cofounder. "And yes...the legal docs actually say Series Awesome," he added. "Demand for Onswipe has been incredible. Publishers are finally able to provide the volume, scale and analytics that advertisers have so desperatly sought but have never been able to receive from the content iPad apps. Series Awesome not only allows us to cater to more publishers and advertisers, but we are able to faster than ever," commented Andres Barreto, co-founder and president. "Spark is incredibly excited to be leading Onswipe's Series Awesome round. Jason, Andres and the entire Onswipe team has crushed all of their milestones since the seed investment," reported Alex Finkelstein, general partner at Spark Capital. "With the explosive growth of tablet and mobile consumers we believe the company is very well positioned in this dynamic market and we look forward to working with the team during their next growth phase." Paul Lee, Partner at Lightbank remarked, "From the moment Jason responded to my tweet about Onswipe revolutionizing publishing, I knew Jason and his team were seriously ready to kick some ass." About Onswipe Onswipe is a platform that makes it insanely easy for publishers of all sizes to make their content and advertising a beautiful experience on touch-enabled devices via Web browser. To learn more about Onswipe visit http://www.Onswipe.com. About Spark Capital Spark Capital is a venture capital firm based in Boston, Massachusetts with investments focused on the conflux of the media, entertainment and technology industries. Over the last decade, the Spark team has been instrumental in the development of new markets and market leaders such as Akamai Technologies, Qtera, Aether Systems, Novatel Wireless, Twitter, 5Min, Altius Education, AdMeld, Verivue (News - Alert) and Tumblr. With deep experience and $980 million under management, Spark Capital provides world-class entrepreneurs and revolutionary companies with the resources to succeed in today's marketplace. For more information, visit www.sparkcapital.com.
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