Mobile Development Tool Vendor Xamarin Raises $12 Million
Cross-platform mobile development tool maker Xamarin has announced that it has raised $12 million from a group of investors that includes Charles River Ventures, Ignition Partners and Floodgate. Xamarin's products aim to make it easier for traditional software developers to make the switch to mobile by allowing them to program in C#. "Our mission is to make it fast, easy and fun to build great mobile apps," said Xamarin CEO Nat Friedman. "We've had a tremendous first year, validated by more than 12,000 new developers per month, and millions of dollars in revenue. This funding will enable us to scale our success and better deliver on our mission, bringing millions more developers to mobile."
More than 150,000 developers have used Xamarin's tools.