Today we have a lot of good news to share with you. Recently we secured a $2M investment in our web toolbar platform, the wibar.
These funds will go directly to the improvement of our publishers platform and towards the creation of new features and products that will go a long way to making the Wibar web toolbar the most usable and effective toolbar out there.
Primera Capital is the investor this time, bringing total investments in Wibiya up to $2.5M. Primera Capital is a stage-agnostic venture capital fund based in San Francisco. Amongst its current portfolio companies are Chegg, Cramster and Infolinks. In addition to their current investment, Primera’s involvement with Wibiya will also take a more personal tone, as Oren Zeev from Primera will be joining Wibiya’s board of directors.
Previous investors in Wibiya include Dr. Yossi Vardi, Oded Vardi and Jeff Pulvar. For those of you who don’t know, Wibiya was first discovered during the 2008 TechCrunch50 conference where Daniel Tal and Dror Ceder, the company’s co-founders met Dr. Vardi. This was only a year and a half ago and we are very proud of the long and successful journey our company has taken since then.
Our beta version was launched in June of 2009 and opened to the general public during January 2010, only a few months ago. Despite this short time frame, the toolbar has been soaring in its popularity and has enjoyed a growing number of loyal supporters and developing a solid community.
Teaser: The countdown has begun and we will soon be announcing the initiation of new exciting developments that will be particularly interesting to web publishers and developers.
So stay tuned….