Netbiscuits Secures $27m Investment

Mobile web firm Netbiscuits has secure,d a $27m (£16.8m) investment led by Stripes Group and supported by existing investor T-Venture.

Netbiscuits says it will use the funding to extend its sales and marketing capabilities in the US and Europe, as well as increase its focus on research and development.

“Were at a tipping point in our industry,” said Netbiscuits CEO Michael Neidhoefer. “The mobile web market has been maturing for the past decade but has seen explosive growth in the last few years. A highly developed mobile web presence is no longer a nice-to-have for enterprises; it is now a requirement for any company that wishes to remain competitive. As a result, we’re seeing huge demand from across the world, particularly in the US, which is at the cutting edge of the current mobile trends.”

Netbiscuits solution is a cloud-based platform for the development and delivery of web apps across mobile and connected devices, which can leverage rich contextual data from the device, OS and browser profile, that can provide real-time info on features like touch capabilities and whether GPS is enabled.

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