Thursday, July 26, 2012

Microsoft .NET for Mobile Company Xamarin Gets $12 Million In Series A Funding

XamarinXamarin, makers of cross-platform frameworks for building mobile applications, today announced a $12 million round of funding from Charles River Ventures, Ignition Partners and Floodgate. Xamarin was founded in May last year after Novell laid off the staff working on Mono, an open source project that brings Microsoft's .NET development framework to non-Microsoft operating systems like Linux. Novell had been supporting the project since its acquisition of Ximian in 2003, but after the layoff the team founded Xamarin to commercialize the Mono project. Until now Xamarin has been bootstrapped.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/9TbyAjsoLik/

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