All Aboard The M-Commerce Gravy Train: MobiCart Raises Further $500K For Its Mobile Store Builder

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http://techcrunch.com – MobiCart, the mobile commerce startup that makes it easy to build and manage a storefront natively for iOS and Android or as a HTML5 app, has raised a further £300k (approx. $500k). In what is effectively a follow on round, the new funding comes from previous backer, Northstar Ventures-managed Finance for Business North East Proof of Concept Fund, in addition to the Yorkshire Association of Business Angels. This brings the total raised by MobiCart to around $1 million, having previously also raised £100k from ex-Google European Director of Online Sales and Operations, Stephen Lusty, and come (IT news)