iSites Raises $1 Million From Multiple Investors

iSites is a service that allows web publishing companies to quickly build iPhone and Android applications. iSites raised $1 million in funding led by Inventus Capital Partners, Quest Venture Partners, Dougery Ventures, Manish Chandra, and several other angel investors.

iSites launched in January and helps publishers create simple mobile applications, which includes creating logos, graphics, and RSS feeds. iSites even handles the submission process and integrates an optional analytics service. The applications work on the Android Market and the Apple App Store.

iSites has a new product called Instant App, which allows publishers to create mobile applications using HTML5 and Webtoolkit. iSites was co-founded by Raju Sagiraju. The mobile web service costs $10 per month (or discounted at $100 per year). The native app creation costs $50 for the iPhone or Android.

[TechCrunch]

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