Creator of tool suite for app developers and designers, Fuse, has secured $12 million in a Series A investment round from Northzone and Alliance Venture, bringing total funding to $19 million. The company claims it to be the largest single round of funding it has received till date.
“We are pleased to see such sizable funding support for Fuse,” said Tellef Thorleifsson, Founding Partner, Northzone, Fuse.
“This funding milestone will not only help further build out Fuse’s game-changing roadmap, but it will also solidify Fuse in the market as a best-in-class solution for millions of app developers everywhere,” he added.
The company will use these funds to continue to build the platform and expand operations.
“Winning today’s app battles comes down to having killer UX,” said Anders Lassen, Co-Founder and CEO, Fuse.
“We hear the demand loud and clear for a faster, more effective way to build apps that deliver great user experience. The early response to our platform has been extremely validating to our mission, and the added excitement from the investor community is just fantastic,” he added.
Fuse claims to provide a native app development platform for both developers and designers to work in real-time, cutting time, improving collaboration, accelerating and advancing prototyping, as well as improving the overall user experience of iOS and Android apps.