Carlos G. Mercado founded CM2 Labs to provide app development services and a low-cost Web2IVR platform. The Web2IVR platform allows customers to reach their customer base via phone or SMS for just 30 cents per call, saving over 94% compared to traditional call centers. CM2 Labs also develops custom social, mobile, and geo-targeted apps to leverage the "long tail effect" and make apps more relevant based on user location and connections. Their offerings aim to make apps social and mobile to meet current consumer demands.