Jafco Helps Mobile Tech Developer Sencha Rake In $15M

By Kaitlin Ugolik (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 new financing from Jafco, as well as from existing investors Sequoia Capital and Radar Partners,...

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