MobStac, a Bangalore, India-based platform that creates customized mobile websites and apps for publishers and businesses, raised $2m in Series B financing.
Backers included Accel Partners and Cisco.
The company intends to use the funds to expand its product offering to consumer brands.
Founded in 2009 and led by Sharat Potharaju, MobStac provides a mobile cloud platform that delivers mobile apps for consumer brands on HTML5, Android, iOS and Windows. The solution is used by consumer brands across Asia and North America.
The company also has offices in New York.
FinSMEs
09/01/2014