GetJar Networks Secures $25,000,000 Series C Financing Round

  • Feed Type
  • Date
    2/15/2011
  • Company Name
    GetJar Networks
  • Mailing Address
    1500 Fashion Island Blvd. San Mateo, CA 94404
  • Company Description
    GetJar is the world’s largest cross platform app store with over a half billion downloads to date. The company provides more than 50,000 mobile applications across all major handsets and platforms to consumers in more than 200 countries. In addition to distributing content directly to consumers, GetJar also works with a select number of distribution partners including but not limited to Sony Ericsson, Sprint, Opera, Vodafone, 3UK and Virgin Mobile.
  • Website
    http://www.getjar.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The new capital will be applied to continued innovations in its market approach and to support its rapid growth by expanding sales, marketing and engineering initiatives.
  • M&A Terms
  • Venture Investor
    Tiger Global Management
  • Venture Investor
    Accel Partners