Tablet Publishing

Onswipe Raises $5 M. Series Awesome from Lerer, ENIAC, Betaworks and More

TechStars NY grad Onswipe just announced its series Awesome, complete with an actual term sheet bearing that header.

The round will be led by Spark Capital and followed on by Lightbank, Yuri MilnerLerer VenturesSVAngelBetaworksMoradoEniac and Thrive Capital.

The tablet publishing platform is prepping a launch for June 21st when it will announce major partnerships that we hear includes the nation’s biggest newspapers, magazine publishers and online properties.

The big sell of Onswipe is that is integrates easily with almost any CMS and, with just a few lines of Javascript, turns a publishers website into a touch enabled tablet experience on iPad, iPhone and Android.

Tellingly the service does not currently work with Android tablets. Onswipe is keeping a close eye on the sales numbers for these devices and will add it to the arsenal if it becomes a viable option.

Beyond easy conversion of any site to a tablet friendly format, Onswipe is hoping to help publishers deal with the Instapaper problem. Readers love to save articles to consume at their convenience, whether they are on or offline. But services like Instapaper strip out all the branding and advertising. Onswipe plans to solve that problem with MyOnswipe, which caches stories for users to read without stripping them bare.

Disclosure.

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