New Media Investment Group Inc. bought a 20% equity stake in TapOnIt, an opt-in text-based platform that delivers offers from local businesses to consumers.
Beginning this quarter, TapOnIt will start rolling out their platform in select New Media Investment Group markets.
The mobile database development company TapOnIt was launched in April 2015. TapOnIt is based in the Quad Cities and is led by founder and CEO Katie Wilson and co-founder Sara Castillo.
The Quad Cities is a region of five cities in northwest Illinois and southeastern Iowa.
