SOURCE: StackMob

StackMob

May 16, 2011 08:00 ET

StackMob Secures $7.5M in Series A Round of Funding

Mobile Backend Services Platform to Expand Team and Offerings With Financing Led by Trinity Ventures; General Partner Dan Scholnick Joins StackMob's Board of Directors

SAN FRANCISCO, CA--(Marketwire - May 16, 2011) - StackMob, the leading platform for developing, deploying and managing mobile applications in the cloud, today announced it has closed a $7.5M round of funding led by Trinity Ventures. StackMob, currently in private beta, plans to use the new funding to grow the team, expand its product and support additional platforms.

The funding includes participation by StackMob's existing investors, Harrison Metal and Baseline Ventures. Dan Scholnick, General Partner at Trinity Ventures, joins Harrison Metal founder Michael Dearing on StackMob's board of directors.

StackMob's fully hosted and managed platform allows developers to build, deploy and manage feature rich mobile applications faster and easier than ever before. StackMob offers a comprehensive suite of backend services designed for quick implementation, allowing developers to shortcut the infrastructure-building process from months to hours or minutes. With StackMob, developers can spend less time re-inventing the wheel with backend development, and more time creating differentiating value in their applications.

"StackMob streamlines mobile application development by drastically reducing time to market and backend headaches," said Ty Amell, CEO and co-founder of StackMob. "Today's funding validates the market opportunity for a simple, powerful and complete solution that can help developers avoid the frustrations that come with developing mobile applications. We are excited to be backed by seasoned investors with proven experience in growing leading cloud companies."

"Applications for smartphones are going to be bigger and more important than applications for the web and software infrastructure needs to keep pace with this shift," said Dan Scholnick, General Partner at Trinity Ventures. "I was blown away by the scope of Ty's vision, through which the company becomes the de facto cloud platform for mobile applications. It's clear that developers agree, as they clamor for invites to the service."

"The mobile app ecosystem is booming and infrastructure services are going to support that growth," said Michael Dearing, founder, Harrison Metal. "StackMob's cloud-based solution lets developers focus on what they love -- building great user experiences. They can leave the backend stack to StackMob."

Developers can sign up to StackMob's private beta at: www.stackmob.com/beta-signup

About StackMob

Built for developers, by developers, StackMob is the leading platform for developing, deploying and managing mobile applications in the cloud. The San Francisco-based company combines a fully hosted and managed platform with the most complete suite of backend services to help developers build feature rich mobile apps faster and easier than ever before. StackMob lets developers focus on creating differentiating value in their applications instead of spending valuable resources re-inventing the wheel with backend development. For more information, visit www.stackmob.com.

About Trinity Ventures

Founded in 1986, Trinity Ventures, a boutique early stage venture capital firm, is dedicated to partnering with passionate entrepreneurs to transform revolutionary ideas into reality. With over $1 billion under management, Trinity Ventures believes in personal engagement, mutual respect and goal alignment with the entrepreneurs. Trinity Ventures focuses on early stage and seed technology investments with particular emphasis on digital media, cloud computing, internet services, mobility, security and software markets.

Trinity Ventures has invested in such leading companies as Aruba Networks, 21Vianet, Blue Nile, LoopNet, Photobucket, SciQuest, Starbucks, Beachmint, Infoblox, Trion Worlds and Zulily.

Contact Information

  • Media contact:

    Vanessa Camones
    theMIX agency for StackMob
    Email Contact
    415-412-2856