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VC money flows into mobile app tools, analytics and testing

Posted By TelecomTV One , 15 November 2012 | 0 Comments | (0)
Tags: Finance vc corporate mobile analytics testing venture capital

Companies that test, analyze and preview mobile applications were big winners with venture capital firms in October. By Sue Marek


According to a Rutberg & Co report on venture capital financing, 91 mobile companies received $360m in VC financing in October. Of those, application infrastructure firms received approximately $76m. Netbiscuits (makes software for adaptive Web development) was by far the biggest winner, securing $27m in funding. Perfecto Mobile, which handles app testing, attracted $15m.


Investors included traditional and early stage venture capital firms such as Accel Partners and Andreesen Horowitz, corporations including American Express, Google Ventures and Qualcomm Ventures and notable individual angel investors.


FierceDeveloper: VC money flows into mobile app tools, analytics and testing; TelecomTV content partner.

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