GetJar Closes $11M in Series B Funding

GetJar, a San Mateo, CA-based operator of an app store, has closed $11m in Series B funding from Accel Partners.
The company provides more than 65,000 mobile applications across all major platforms such as Android, BlackBerry, Windows Mobile, iPhone and Symbian among others, to consumers in more than 200 countries.
GetJar will use the new capital, which comes at a time when the company seeks to expand its offering on “open” smartphone platforms such as Android, Blackberry, and Symbian, to grow globally and to contine product development. It is currently innovating its consumer facing sites (GetJar.com and m.getjar.com), its customer solutions such as Pay-Per-Download (PPD), App Download Page (ADP) and App Catalogue Express (ACE) in order to accelerate traffic growth.
Explaining the reasons behind the investment, Rich Wong of Accel Partners, said: “Mobile app developers need to get discovered, build a marketing channel for mobile users, and scale to massive user bases”.
“With over 1 Billion downloads to date, GetJar has led the industry to create this unique, cross platform app store solution”, he added. 
The company also operates offices in the UK and Lithuania.
FinSMEs
24/06/2010

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