$3m Invested in Mobiles Republic

App publisher Mobiles Republic has closed a £3m Round A investment from venture capitalist firms XAnge Private Equity and Creathor Ventures. The company intends to use the money to continue the global expansion of its news apps – including News Republic, APPY Geek and Glam Life – across various platforms.

“With this investment, we will be able to accelerate our growth, continue to federate more publishers on top of the 300 that have joined us, and continue our expansion capitalizing on our multilingual semantic engine,” says Gilles Raymond, Mobiles Republic CEO. “We are very pleased to have the support of XAnge Private Equity and Creathor Venture, who believe in our mission to be the worldwide leader in personal media apps on the four screens.”

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