July 26th, 2010 by Arjan Olsder Posted in Companies & M&A, Platforms: iOS | No Comments »
Appbackr, a website that cashes in on app development, has successfully closed its second round of funding. The funding round was backed by Cambridge West Ventures and Hall Financial Group.
Appbackr allows wholesellers to acquire the rights to a certain amount of paid for downloads on iTunes before an app is launched on the App Store. The profit on the sales of the downloads then go to the wholeseller and that is a pretty smart way to pre-finance app development.
