Mobile Coding Start-Up Xamarin Lands $12 Million From Charles River, Ignition and Floodgate
Xamarin, one of many companies working to make it easier for businesses to create mobile apps, is announcing on Tuesday that it has raised $12 million in Series A funding from Charles River Ventures, Ignition Partners and Floodgate.
The company, launched last year by Nat Friedman and Miguel de Icaza, says it has more than 7,500 paying customers for its technology, including the music service Rdio. Xamarin’s technology allows developers to write software for Android, iOS and Windows Phone using a set of programming tools familiar to those who in the past wrote software for Windows.
“With Xamarin, we are able to have it all,” Rdio engineering VP Todd Berman said in a statement. “We’ve saved thousands of engineering hours while delivering gorgeous, high-performance native apps across device platforms and form factors to consumers worldwide.”
Friedman, who previously worked with de Icaza on Ximian (later sold to Novell), said the new funding will help the company improve the service and build up its sales and marketing efforts.
“Our mission is to make it fast, easy and fun to build great mobile apps,” Friedman said in a statement. “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.”