Tuesday, November 09, 2021

New York Times backs OpenWeb

 By William Turvill

OpenWeb, a tool that helps publishers manage comments, has raised $150m from companies including the New York Times and Samsung Next, Axios reports. The series E funding round reportedly values the company at $1.1bn.

Chief executive Nadav Shoval told Axios that the money would be used to build more services to help publishers establish direct relationships with readers.

Source: Axios

Value: $150m

Country: US

Status: Official 

Press Gazette

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