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.
Bangalore based Mobstac, the 360 degree mobile publishing platform has announced that it will now kill freemium model and will start charging bloggers a minimum of $5 for the product usage. “As part of the rollout of our integrated publishing product, we’re also announcing new pricing plans that include our new Touchsite product for tablets. […]
MobStac, the Bangalore based startup that recently raised funding (for global expansion) has an interesting story to tell. At Pluggd.in’s Hackathon, MobStac cofounder, Ravi Pratap shared his journey from being a hacker to starting a business, and importantly, how the company pivoted, went through multiple iterations before figuring out a sweet spot (the touchsite is […]
Mobstac, the Bangalore based startup that earlier launched its platform for publishers (like bloggers/media companies) to have a beautiful mobile site has raised a fresh round of funding from Accel Partners and Mumbai Angels. The company raised the angel round earlier this year (read their experience: How We Raised Angel Funding in India) and the […]
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?
In a strategic partnership with Electronics City industries association (ELCIA), Cisco has planned to develop Asia’s first end-to-end ‘Internet-of-Things (IoT) innovation Hub’ in Bangalore. The reason why ELCIA is chosen for this strategic association is credited to its attribute of having official approval for a financial grant from the Govt. of India to boost innovation […]
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.
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