/ By Clive Minchom /
DudaMobile, a company based in Palo Alto California founded by two Israelis Itai Sadan and Amir Glatt, announced that it has raised $10.3 million on new funding. The company intends to use the new funding for product development and expansion of its service offerings including for mobile advertising.
DudaMobile makes a mobile website solution for small businesses, to help them easily develop websites for smartphones. The DudaMobile solution is free for its basic version, and new customers who have a positive experience are later encouraged to upgrade to paid versions to obtain greater capabilities – the so-called “freemium” model.
The company leverages a patented technology to make it easy to convert desktop websites into mobile optimized sites. It is used by agencies, designers, marketers and small businesses, as well as large enterprise partners including GoDaddy, AT&T, Yahoo, Google, Homestead and OpenTable. DudaMobile, which currently hosts 4 million mobile websites on its platform, recently expanded into international markets including Australia, Brazil, Japan, Mexico and Spain.
DudaMobile CEO Itai Sadan said, “The mobile web is drastically changing the way consumers interact with businesses. With over 50% of the US population now usingsmartphones, businesses with a mobile-friendly website are seeing explosive growth coming from people searching on their phones. Consumers simply love the convenience of clicking a thumb-friendly button on their phone to call a business or get directions. It’s simple, easy and, for business owners, translates into real revenue growth.”
DudaMobile Chief Communications Officer Dennis Mink said, “When we started the company, we were focused on making it dead simple for your average small business owner to create a mobile website in minutes. As the space continues to evolve, businesses are looking to create a more sophisticated mobile presence that truly engages visitors and converts new prospects into loyal customers.”
Headquartered in Palo Alto, the company has its development center in Tel Aviv.
The financing round was led this time by Pitango Venture Capital and Oren Zeevfrom
Orens Capital, with participation from: Primera Capital, Figtree Partners, Dan Rose, VP Partnerships atFacebook, Don Katz, CEO at Audible.com
, Zohar Gilon.