TV app firm Applicaster raises US$10.5 million

Israel-based provider of cross-screen TV apps, Applicaster, has raised US$10.5 million (€9.2 million) in funding. 

The new cash takes the firm’s total funding to date to US$18.5 million, with the new round led by Pitango Venture Capital with participation from current investor, 83North.

“Applicaster has championed the app-driven TV transformation for several years now, and we’re thrilled to see the take up in Europe, the United States, Latin America and Asia over the past 12 months.” said Jonathan Laor, Applicaster’s CEO.

Applicaster claims to have launched more than 100 applications for over 40 customers around the world, including Univision, Endemol, FremantleMedia, Talpa, Mediaset, Televisa, Telefe, Fox Intl and Mediacorp.