MobileX Labs Raises $1.5M

MobileX Labs, a Chicago, IL-based provider of an app creation platform, raised $1.5m in funding.

The round was led by Gary Holdren of The Garland Funds, who joined the board of advisors that includes Mark Cuban.

The company intends to use the funds to expand operations.

Founded by Dan Novaes and Kiran Panesar, MobileX Labs provides MXL Build, a platform to create free mobile apps, no coding required. It is used by small businesses, musicians, content creators, blog owners, and educational institutions who don’t have the resources, time, or funds to build an app. The solution features the ability to sell an app, various third party integration, loyalty/payment processing capabilities, e-commerce modules, gamification, targeted push notifications, user analytics, and increased brand exposure through the MobileX network.
The company is hiring.



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