Red Foundry Raises $1.1 Million For Helping People Build Mobile Apps

Red Foundry is a mobile applications company based in Chicago and they have developed a way for people to build mobile applications without knowing how to program. The company has announced that they have raised $1.1 million in a first round of funding. OCA Ventures and I2A Fund participated in this round of funding. [NY Times]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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