AppHero Secures $1.8M in Seed Financing

AppHero, a Toronto, Canada-based startup building an intelligent social recommendation platform for mobile applications, has secured just under $1.8m in seed financing.

Backers include OMERS Ventures, Golden Venture Partners, and ENIAC Ventures and a number of angels and seed funds, which have invested about $1.3m. Additional sources provided $500k.

The company intends to use the new funding to grow the team to expand tohe platform to other verticals.

Led by Jordan Satok, founder and CEO, AppHero provides a social recommendation platform that helps users discover mobile applications. Currently available free on the App Store, it uses intelligent technology to learn about a user’s preferences based on social data and history from their Facebook account.

FinSMEs

05/07/2012

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