App Creator MobileX Labs Nabs USD1.5m

Apps solution provider, MobileX Labs has nabbed USD1.5m in venture funding. The round of investment came from Gary Holdren of The Garland Funds. The Chicago-based company enables anyone to create mobile apps without knowledge of coding using MXL Build. MobileX Labs provides step-by-step assistance to make sure each app makes the app stores criteria. Additional benefits of MXL Build include the ability to sell an app, various third party integration, loyalty and payment processing capabilities, e-commerce modules, targeted push notifications and user analytics. It claims that 22,000 users have already signed up for its MXL Build services despite it being in a private beta phase.


Amount (USD) Target Investor(s) Region Categories