Monday, March 18, 2013
Divshot Raises $1.1M For Visual Web App Software
Need to build a web application, and wish you could do it in a more intuitive, visual way? Divshot, one of the startups out of Los Angeles startup accelerator Launchpad LA, said today that it has raised $1.1M in a seed financing round, for its drag-and-drop software for building web applications. The new funding was led by Rincon Venture Partners, and also included 500 Startups, Daher Capital, Floodlight Ventures, Cooley LLP, Drummond Road Capital, and Eric Hammond.
The firm, headed by Michael Bleigh, currently offers up it web-based application builder under a free, open beta; the company said it plans to launch as a paid service later this year. The company said its software is based on the open source Bootstrap framework which was developed by Twitter. The company said it hopes to create a tool for the web development market as Adobe's Creative Suite is for visual design.More information »