Jafco Helps Mobile Tech Developer Sencha Rake In $15M

Law360, New York (October 26, 2011, 5:12 PM EDT) -- Mobile framework developer Sencha Inc. raised $15 million in its second round of financing, led by Jafco Ventures, in an effort to meet growing demand for HTML5-based mobile tools and cloud computing services, the company revealed Tuesday.

The announcement came a day after Sencha released a preview of its most recent HTML5 product Sencha.io at its annual SenchaCon conference in Austin, Texas. Sencha.io is the first user-centric cloud computing tool designed specifically for application developers using the JavaScript language, according to the company.

Sencha said the...
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