Webalo Scores $3M For Mobile Enterprise Apps

Los Angeles-based Webalo, a company which provides mobile application development tools, said this afternoon that it has raised $3M in a new funding round. The funding came from new and existing investors, including J.L. Easton Ventures, Balch Hill Capital, and others. Webalo says its software eliminates much of the coding, wating, and cost of traditional, mobile application development. Webalo's platform is specifically designed for enterprise applications and making enterprise data available via smartphones. The firm said its tools work on Android, BlackBerry, iPhone, Symbian, Windows Mobile, or Java-enabled smartphone. More information »