appMobi Raises $6M in Series B Equity Financing
Published On January 26, 2011 |
appMobi, a Lancaster, PA-based provider of a cloud-based mobile application development and distribution technology, has raised $6m in a Series B equity financing.
The round includes exclusively angel investors.
The company intends to use the funds to strengthen its engineering staff, and increase marketing and promotion efforts for its technology.
Released in October 2010, appMobi’s platform-as-a-service (PaaS) mobile application tools allow mobile operators, device manufacturers, brands and large content providers to create and distribute cross platform mobile apps for iOS and Android devices.
The suite allows these companies to rapidly build functional mobile application ecosystems that include standards-based app development, monetization, engagement, distribution and analytics tools.