Mobincube Raised €700K in Seed Funding

Mobincube, a Valencia, Spain-based developer of software that allows users to create apps, raised 700k (approximately $946k) in seed funding.

The round was led by Inveready with participation from Bankinter and The Crowd Angel.

The company intends to use the funds to accelerate development in the U.S. (it will open an office in Silicon Valley during 2013) and expand globally.

Led by Fernando Marzal, CEO and founder, Mobincube develops mobile software that allows users with no programming skills to create apps based on simple templates and a variety of functionalities. App developers can use the platform as well to create apps for their customers and reduce development time.
The platform is currently available to create native apps in iOS, Android, Blackberry and Windows Phone, plus a HTML5 Web App version. It has more than 115,000 users, more than 18,000 published apps.



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