Development is secured as known driver’s education app developer Aceable Inc has finally achieved $4.7 million worth of seed financing in its recent financing attempt. The company has stressed in 2012 that the capital they have acquired would be used to improve their operations nationwide, get more workers and engage to new markets. Some of the investors who have aided Aceable to reach their targets were Floodgate Ventures, Capital Factor, NextGen Angels and Silverton Partners. The app currently has 100,000 users as the app enables these users to understand topics like basic driver’s education, traffic rules and defensive driving. Currently, the app is around $25 to $100 depending on the courses included and through the app, users can also take the official permit test of the state.
Read more about this here: Austin driving app maker raises millions in seed financing