OpenWeb Raises $170 Million at a $1.5 Billion Valuation

OpenWeb is a social engagement platform that helps its client publishers improve audience interactions. The platform is designed to foster an open exchange of ideas across communities online. With the help of AI and machine learning, OpenWeb decreases toxicity, incentivizes healthy dialog, as well as creates engaged communities.

The funding round Series F was led by Georgian. “As publishers and advertisers search for trusted, quality alternatives to the ‘walled gardens’ of social media, we saw an opportunity to collaborate with OpenWeb to create quality social environments for brands that deliver personalized advertising at-scale,” Margaret Wu, Lead Investor at Georgian.

OpenWeb, New York, USA, was founded by Ishay Green, Nadav Shoval, and Roee Goldberg in 2015. OpenWeb platform’s purpose is to power user experience with user activation and management, AI moderation, first-party data management and aggregation, and social experiences. Among the company’s clients are Yahoo!, Penske Media Corporation, The New York Times, Hearst, and News Corp. As of now, OpenWeb hosts over 100 million users each month. The company’s team of more than 265 employees works in offices around the world – New York, San Diego, Tel Aviv, Paris, London, and Canada.

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