Pressly Secures $1.5m Funding

Mobile publishing platform Pressly has landed $1.5m (£1m) of financing, from iNovia Capital and OMERS Ventures.

 The money will be used to help market Presslys platform, which enables companies to pull content automatically from online sources – including websites, social media, blogs, or RSS feeds – and curate them in a branded HTML5 web app.

Pressly has just opened its platform up to the public, after it rolled it out to beta users last month. Despite being in stealth mode since 2011, Pressly has signed partnerships with media firms including Ziff Davis, The Economist and The Toronto Star, and has produced branded content marketing pieces for IBM and Toyota.