Corona Labs Raises An Additional $2 Million To Grow Its Mobile App Framework, Corona SDK

Corona Labs?(formerly Ansca Mobile), the makers of the cross-platform mobile app development framework known as the Corona SDK, has raised an additional $2 million in funding from existing investor Merus Capital and new investor Western Technology Investment (WTI). The funding, a Series A-1 round, is a combination of both equity and venture debt, with WTI's $1 million consisting of a $250,000 equity investment, and $750,000 in venture debt.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/XynzrFdmZ30/

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