Saturday, September 22, 2018
Technology News
Technology News Delivered Daily
Home / Business  / Lumavate Secures $2.5 Million in Seed Funding

Lumavate Secures $2.5 Million in Seed Funding

Lumavate Secures $2.5 Million in Seed Funding
Credit: lumavate.com

Lumavate, a leading enterprise platform for developing progressive web apps (PWAs) at scale, today announced it has raised $2.5 million in seed funding. The round included participation from Allos Ventures, Collina Ventures, Don Brown, Elevate Ventures, 4G Ventures, and Jupiter Peak.

The Lumavate platform capitalizes on the transition from native mobile apps to PWAs –- a major shift in mobile tech that is disrupting the way companies interact with consumers. PWAs were first introduced by Google in 2015 and the technology has been backed by major tech players including Apple, Microsoft and Firefox –- making it widely available to consumers regardless of their mobile browsers. According to the company, the Lumavate platform delivers highly-personalized mobile experiences faster and at a fraction of the cost compared to native mobile apps.

The new funding will allow Lumavate to expand its product, sales and marketing teams, as well as continue to develop its offering to meet the needs of numerous industries.