GetJar Raises $25m Funding
Cross-platform app store GetJar has announced that it has secured $25 million in funding as it seeks to continue its rapid expansion.
GetJar, which offers games for Android, BlackBerry, iPhone and Symbian as well as Windows Mobile and other platforms, describes itself as the world’s largest open app store. In the past year it has developed partnerships with the likes of AT&T, Angry Birds developer Rovio and social gaming king Zynga, and saw its download volumes quadruple.
The funding, secured from Tiger Global Management, will be used for “continued innovations in GetJar’s market approach and to support its rapid growth by expanding sales, marketing and engineering initiatives.”
Ilja Laurs, CEO and founder of GetJar, said: “It’s extraordinary that with hard work and an amazing team, GetJar has become the world’s largest open app store. I look forward to rapidly scaling the company to take advantage of the enormous global app market opportunity.”
GetJar’s range of 75,000 apps have been downloaded more than 1.5 billion times. The firm was named a 2011 Technology Pioneer by the World Economic Forum “for being an innovative company whose approach to technology will have a deep impact on business and society.”