Free press releases distribution network?

More news: Software
Agency / Source: Moovweb

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Moovweb Announces Investment of $16 Million to Expand Sales, Marketing & Products - Company also announces new Chief Operating and Financial Officer - Moovweb.com
Moovweb Announces Investment of $16 Million to Expand Sales, Marketing & Products

 

PRZOOM - /newswire/ - San Francisco, CA, United States, 2013/03/27 - Company also announces new Chief Operating and Financial Officer - Moovweb.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Moovweb today announced the investment of $16 million by Jafco Ventures and Trinity Ventures in its first institutional financing. Existing investors, including Andy Bechtolsheim, also participated meaningfully in the round. The capital raised will be used to further the company’s vision to fundamentally transform Web development to create unmatched business agility for organizations of all sizes. The company also announced the appointment of industry operations and finance veteran Tony Russo as its new chief operating and financial officer.

“In the last 18 months, our revenue has quadrupled,” said company founder and CEO, Ajay Kapur. “We feel very fortunate to continue this exponential growth with the help of Jafco and Trinity. Companies are recognizing that old development approaches simply aren’t working in a post-­‐PC world. Moovweb’s experience platform was built to give businesses unprecedented power and flexibility in this new world.”

The Moovweb experience platform empowers businesses to go mobile by taking a fundamentally different approach to unifying their Web and mobile development. With Moovweb’s patent-­‐pending site virtualization technology, a business’s mobile sites and apps inherit and stay in sync with a desktop site’s content, features and business logic. This approach allows powerful mobile experiences to be delivered in days, not months, and drives radically improved business agility over time. The cloud-­‐based Moovweb platform has transformed nearly 12 billion mobile pages for some of the highest volume mobile sites, apps and tablet applications in the world, including: Macy's, 1800FLOWERS.com, Sur la Table, Golfsmith, Vitacost, Kroger, Accenture, Cox Communications, Chico’s, Sharpie and many others.

Joe Horowitz, managing general partner at Jafco and Paul Sallaberry, a seasoned executive who held senior roles at Veritas and Oracle, recently joined Moovweb’s Board of Directors. Gus Tai from Trinity will be added as a Board observer.
“In my 30 years of experience in venture capital, I have never seen a company of the quality of Moovweb grow to such significance with such capital efficiency. This speaks to the quality of the team, its products and the enormous market opportunity that they are addressing,” stated Mr. Horowitz.

Also helping to lead the company into the next phase of growth is new Chief Operating and Financial Officer Tony Russo. Russo brings over 20 years of experience in managing and building companies from an operational and financial perspective, having most recently served as CFO at Efficient Frontier, a company that was acquired by Adobe last year.

“The opportunity for mobile commerce is predicted to reach more than $1 trillion in global mobile transactions by 2015,” said Tony Russo. “I joined the Moovweb team because of the company’s unique technology that enables organizations to take advantage of this mobile revolution. Moovweb has significant traction in the market and I look forward to helping them achieve even greater growth.”

About Moovweb

Moovweb’s vision (moovweb.com) is to fundamentally transform Web development to create unmatched business agility. Our enterprise-­‐class, cloud-­‐based platform is transformational for businesses that need to innovate faster and drive extreme results through their mobile channels. The platform offers developers, design agencies and systems integrators a set of powerful tools to radically shorten delivery times for compelling mobile sites and native apps. The Moovweb platform is one of the world’s busiest, with nearly 12 billion mobile pages transformed for some of the world’s largest mobile sites and apps, including those for Macy's, 1­800­FLOWERS.com, Sur la Table, Golfsmith, Vitacost, Kroger, Accenture, Cox Communications, Chico’s, Sharpie and dozens of others. Moovweb is headquartered in San Francisco.

Moovweb® is a registered trademarks of Moov Corporation. All other registered and unregistered trademarks in this document are the sole property of their respective owners.

Katie Peterson, McGrath/Power Public Relations
P: 408-727-0351 - E: katiep[.]mcgrathpower.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Moovweb

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Moovweb Announces Investment of $16 Million to Expand Sales, Marketing & Products

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Moovweb |
Contact: Press Office - Moovweb.com 
877-666-8932 go[.]moovweb.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Moovweb securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Moovweb / Company Profile


Read Software Most Recent Related Press Releases:

Korean Retailer Homeplus Optimizes Store Planning with JDA Category Management
IBM and Pfizer to Accelerate Immuno-oncology Research with Watson for Drug Discovery
The VELUX Group to Drive Smart Product Innovation with Implementation of PTC Windchill Across the Enterprise
KPIT Takes A Strategic Stake in A Germany Headquartered Automotive Engineering Services Company
Pegasystems Named Silver Winner for Best New Product of the Year in Best in Biz Awards 2016
Kentico Releases its Most Enterprise-Ready Solution Yet
OneLogin Delivers First-Ever Multi-Environment AWS User Resource Provisioning
Mahindra and IBM to Develop Blockchain Solution for Supply Chain Finance
Toyota Motor Corporation Approves Mentor Graphics Volcano™ VSTAR AUTOSAR Stack for Deployment in Toyota Vehicles
Wiley Launches New Spectra Lab Applications to Help Scientists Manage Analytical Data

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today