NEWS3 January 2014

1World raises $1.5m in Series A funding

Financials North America

US — Consumer intelligence company 1World has announced that it has closed $1.5m in Series A funding.

This was one of the company’s goals for 2013, alongside extending its platform with new features and operating system support, and launching new partners throughout the second half of 2013. These goals were also achieved.

Alex Fedosseev, CEO and co-founder of 1World Online, said: “Building on our momentum, we will use this new financing to put more resources into our products and services, support our new customer wins and begin the expansion into new markets.

“All in all this has been quite a successful 2013 for a company that just launched its service in March of this year.”