MediaFile

Taptu gets new funding, readies new social media B2B platform

By Yinka Adegoke
September 8, 2011
Flipboard | taptu | venture capital

Taptu, the social media mobile search start-up based out of Cambridge, England and Denver, raised another $3.5 million from its existing backers as it starts to focus on its it new TapForm platform to help media companies build their own social news aggregator.

Most users who know Taptu are probably more familiar with its  ‘DJ mixing’ news service (see video below), which reminds us of the Flipboard experience. You can aggregate and manage all your favorite news sources into an easy to read format on your chosen mobile device.

But with TapForm, Chief Executive Mitch Lazar plans to extend that capability to media partners and told Reuters he’s close to announcing the start-up’s first partner in coming weeks.

This latest round brings Taptu’s funding to a total of $23.5 million with backing from DFJ Espirit and Sofinnova.

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