rollApp Raises $1M in Series A Funding

rollApp Inc., a Palo Alto, CA-based startup that develops a software-on-demand service designed to deliver existing third-party software applications to any web-browser-equipped device over broadband/3G, raised $1m in Series A funding.

The round was led by LETA Capital, with participation from TMT Investments. In conjunction with the funding, Alexander Chachava, Managing Partner of LETA Capital, will be joining rollApp’s Board of Directors.

The company intends to use the funds to transit out of beta stage of development and start monetizing the service.

Led by Vlad Pavlov, founder and CEO, rollApp develops an online service that is designed to allow users to run any existing unmodified software on any Internet-connected device, e.g. Windows programs on iPad or iPhone apps on Android devices.
The company currently offers a free beta version that allows users to work with Windows and Linux applications on iPad, Chrome OS devices and all the popular desktop operating systems (Windows, MacOS, Linux).

The Advisory Board of rollApp includes industry veterans such as Vivek Wadhwa (VP at Singularity University) and Bjarne Stroustrup (the author of C++ programming language).

FinSMEs

01/07/2013

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