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App Building Startup Applicaster Raises $20 Million

Applicaster develops a platform for the building, management, and maintenance of direct-to-consumer media apps

CTech 18:2126.03.19
App building startup Applicaster Ltd announced on Tuesday the completion of a $20 million funding round led by Israel-based late-stage venture capital fund Viola Growth. Israeli venture capital firms 83 North and Pitango Venture Capital, Los-Angeles-based Saban Ventures, and Planven Investments also participated in the round.

 

Founded in 2009, Applicaster offers a platform for building and managing direct-to-consumer media applications for customers that include DirecTV, Fox, and Viacom. The company employs some 100 people in offices in Tel Aviv, New York, San Jose, Miami, and London. To date, Applicaster raised $28.5 million, according to Pitchbook data.

 

Apps (illustration). Photo: Shutterstock Apps (illustration). Photo: Shutterstock

 

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