Archive for March 28th, 2012
Mobile web and ad optimization startup AppStack has just closed a $1.5 million seed round from Google Ventures, Eric Schmidt’s Tomorrow Ventures, 500 Startups, Gary Vaynerchuk, Don Dodge, and Punchbowl founder Matt Douglas.
It’s not a huge surprise that Google Ventures and Eric Schmidt are involved in the financing, as AppStack is Google’s biggest reseller of mobile ads, according to founder Steve Espinosa. What the startup basically does for a $60 monthly fee is provide small to medium-sized businesses with hosted mobile websites in addition to optimized Google mobile AdWords ads for those sites.
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