New York City

Applicaster's $20 million financing tops recent funding news in New York

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Published on April 02, 2019
Applicaster's $20 million financing tops recent funding news in New YorkPhoto: Applicaster/Facebook

New York-based API developer company Applicaster has secured $20 million in funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced March 26 and led by Viola Growth.

According to its Crunchbase profile, "Applicaster is a world-leading cloud-based platform for app development and content distribution, providing the tools and insights needed to own and engage audiences across all platforms and devices. Our innovative platform enables nearly endless functionality, provided through formal integrations, an open plugin environment and tools for development and design. Applicaster-powered apps are used by millions of viewers worldwide everyday, by audiences of customers including DirecTV, Fox, Viacom, ProSiebenSat.1, Televisa, Kwesé and Mediaset."

The eight-year-old company has raised three previous funding rounds, including a Series C round in 2016.

The round brings total funding raised by New York companies in software over the past month to $489 million, and increase of $110 million from the month before. The local software industry has seen 521 funding rounds over the past year, securing a total of $7.8 billion in venture funding.

In other local funding news, real estate and company Doorport announced a $150,000 seed funding round on March 18, financed by Y Combinator.

According to Crunchbase, "Doorport is designing software and hardware that is affordable for and adoptable by any multifamily building. Doorport's flagship product, Arrive installs at any building with no rewiring for a fraction of the upfront cost of traditional intercoms and access systems."

The company also raised a $500,000 angel round in 2018.


This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.