NEW YORK, NY - EachScape, Inc., a powerful drag & drop platform for creating and managing high end mobile applications, announced today that it has closed a $3 million round of funding with GrandBanks Capital, Contour Venture Partners and NYC Seed.
To date, EachScape, a profitable company, has been funded through the founders’ own capital contributions and a successful client roster of high-end publishers and brands including E!, NBC, CBS, and Discovery. These clients have supported and championed the EachScape platform since its inception, empowering them to act and build like a developer with unparalleled customization for all their application needs.
“EachScape is pioneering a new approach to mobile application development through a flexible and extensible platform that enables clients to easily create beautifully designed apps with functionality specific to their needs. Clients have told us they appreciate the ability to take control of their app building process along with the ability to effectively and affordably manage the apps in the future. We see EachScape as a leader for the next phase of evolution in mobile development,” explained Tim Wright, General Partner at GrandBanks Capital, when asked about leading this growth round of financing.
Bob Greene, General Partner at Contour Venture Partners added, “There is a huge and growing need for this solution for companies across all industries. EachScape has already demonstrated terrific results with its early well-known clients. We are excited to support EachScape in expanding their market and product breadth.”
EachScape’s sophisticated drag-and-drop interface enables the creation of applications across multiple operating systems (iOS, Android, Google TV and even the mobile web via HTML5) and multiple screens (phones, tablets, and connected TV), without the restrictions of templates. “The funding will help us continue to deliver on our vision to solve the fragmentation issue faced by anyone involved in mobile. We empower our users to build beautiful apps very quickly. By using EachScape our clients can take advantage of the entire mobile eco-system using a variety of functional ‘Block’ components in lieu of templates seen among our competitors. Using this unique approach allows for deeper customization and faster development, so our clients can concentrate on the look and feel of an app while we take care of the fragmentation issue,” says EachScape CEO Ludo Collin.
The influx of new capital will be used to support market expansion, further broadening EachScape functionalities, clients, and team. As part of the strategic growth plan, EachScape will launch its new online Store, for the submission, purchase, and implementation of Block functionalities. The store will support a do-it-yourself, self-service app creation approach for new EachScape users while allowing developers to build and market their Blocks to all EachScape users. New and existing customers alike will benefit from a broad and rich ecosystem of functionality to continuously improve their applications.
Launched in 2009, EachScape is an open, powerful drag & drop environment for creating and managing high-end mobile applications without the use of templates. EachScape utilizes component “Blocks” to build and allow full customization of app functionality without any limitations. EachScape currently generates apps for iOS, Android, GoogleTV, and HTML5. Based in New York City, EachScape was founded by experienced mobile experts Ludo Collin and Bob Fitterman. For more information please visit www.EachScape.com.
About GrandBanks Capital:
GrandBanks Capital invests in early stage companies located primarily in the eastern part of the United States and Canada. Recognizing new technologies with the potential for significant impact, GrandBanks Capital team members generate substantial long-term capital gains by building large, successful companies with the help of our unique experience set, operating expertise, extensive industry relationships, and proprietary deal flow.
About Contour Venture Partners:
Contour Venture Partners is a New York based early-stage venture capital firm. Contour invests in companies that provide innovative technology enhanced products and services into the financial services, digital media and Internet sectors. Contour teams with passionate entrepreneurs and management teams to build great businesses that seek to transform their industries.
About NYC Seed:
NYC Seed was formed to provide deserving New York City seed stage entrepreneurs with the capital and support they need to move from idea to product launch. NYC Seed has brought together many New York organizations to provide funding and support for young companies in New York City.