Gets funding and advice from Sedo founders
Apptopia aims to be the marketplace in which the ownership of mobile apps can be acquired. It has just announced new funding from the founders of Sedo -Tim Schumacher and Ulrich Essmann. The funding will go towards expansion into international app markets, as the Apptopia marketplace continues to grow and provide developers and publishers with liquidity. Thousands of apps have already been acquired through Apptopia with payouts to developers exceeding $5 million.
“Apps have become the prime mobile navigational items, just like domain names on the web,” said Eliran Sapir, the Founder and CEO of Apptopia.
“We believe Apptopia has the ability to alleviate some of the core underlying problems and inefficiencies publishers and app stores are currently facing,” Sapir added.
The app economy was worth $70 billion in 2013 and is expected to rise to $143 billion by 2016.
With over 2.3 million apps available today, app discoverability and monetisation are the two biggest challenges facing developers and app stores.
Apptopia envisions the consolidation and acquisition of apps as an integral part of the future and is paving the way towards a higher quality and more profitable app ecosystem.