Mobile Startup Dropsource Raises $5.3 Million

Dropsource announced the close of $5.3 million in financing from an undisclosed investor.

Dropsource is a next-level mobile app development platform that allows users to create powerful, data-driven and native mobile apps without writing any code. The company provides high quality and lean Swift and Java source code for both iOS and Android.  Dropsource substantially reduces the time to market for users and enterprises that need to innovate quickly, prototype rapidly, and build and publish powerful apps for their customers, partners, and other users.

In its announcement, Dropsource said the funds will be used for expanding its product offerings, expanding its team, and entering new markets.