Moovweb, a startup that offers technology for companies to build and maintain their mobile presence, just announced that it has raised $16 million in its first round of institutional funding. The funding came from Jafco Ventures, Trinity Ventures, and previous investors, including Sun co-founder Andy Bechtolsheim. Jafco's Joe Horowitz and Paul Sallaberry have joined Moovweb's board of directors, while Trinity's Gus Tai is becoming a board observer.Source: http://feedproxy.google.com/~r/Techcrunch/~3/HxUpjsLyT3k/
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