Wednesday, October 03, 2012

Appcelerator launches fund to boost mobile startups

Appcelerator, a mobile cloud development platform, has been used by thousands of developers to create mobile apps. Now, the company is moving beyond creating tools for developers to actively backing some mobile startups with a new Innovation Fund.
The fund will target early-stage startups across the mobile spectrum, providing them with capital, engineering expertise, access to Appcelerator’s tools and a place to incubate the startup. The first startup is a mobile gaming platform maker Lanica, founded by Carlos Icaza, the former co-founder and CEO of Ansca Mobile, which developed the Corona cross-platform app development tool. The exact amount of the funding was not disclosed.
Icaza is teaming with Kota Iguchi, the former CEO of Japanese gaming company Infosia, to create a gaming engine that is built off Appcelerator’s Titanium platform and Appcelerator’s cloud services. Appcelerator has traditionally appealed more to enterprise customers but now it can offer to help those customers make games using Lanica’s technology. Lanica, which will offer a gaming platform that includes a physics engine and high-end graphics, has already signed up a big unnamed name company.

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