Cisco investments, the venture capital arm of Cisco today announced the allocation of $40 mn to fund early-stage firms in India.
Bangalore based MobStac has raised $2 mn in series B funding from Accel Partners and Cisco.
Venture backed startup MobStac has launched HTML5stac, a cloud based platform for HTML5 and JavaScript developers to build responsive websites and mobile apps.
By signing up as a developer (link), MobStac lets you plug in your customized themes and designs into a preset framework, equips you with a set of tools to test your final products on any mobile environment and finally lets you launch your customers’ mobile sites and apps in just one-fourth of the usual development time.
Through this partnership, MobStac will not only help PubMatic publishers create optimized mobile websites and apps across devices seamlessly using our cloud platform, but also effectively monetize them through the same PubMatic solution publishers have been using.
Now when we raise our next round (Series A), let’s say we raise $500k from a VC firm at a pre-money valuation of $1 million. Since the seed round helped us increase the company’s value to that much, we ought to give the angels a valuation that is lower than this $1 million, because at the point they invested, there was a lot less. Just you and me and a prototype, basically. Right?
California-based programmatic ad platform PubMatic may soon file for an IPO according to a report. The company is set to be valued at $1 billion post IPO.
The new year is off to a kick ass beginning with a few startups announcing their fundraise and Bangalore based Little Eye Labs’ getting acquired by social networking giant Facebook. The acquisition could be one of the many to come this year.
Enter your account data and we will send you a link to reset your password.
To use social login you have to agree with the storage and handling of your data by this website. %privacy_policy%
AcceptHere you'll find all collections you've created before.