Tel Aviv based startup Snaptu has received an undsiclosed round of funding from Sequoia Capital. Snaptu, previously known as Moblica, brings iPhone-style apps to any phone that can run a Java application (according to Snaptu, most phones do).
The software is available for free download at m.snaptu.com. Once installed, the software will appear in the phone’s “games” or “applications” folder, offering a pre-loaded set of apps like a mobile Twitter client, Facebook, Picasa, news RSS reader, Trivia and more.
In the official announcement, Gili Raanan,a partner at Sequoia Capital said:
“We’re excited by Snaptu’s technology and vision and look forward to working with them to fulfill it. We see huge value for consumers and mobile operators in Snaptu’s unique approach to bringing mobile applications to virtually any phone”
Snaptu monetizes its apps with ads, so they all remain free to users. The company was founded by Ran Makavy, Barak Naveh, Lior Tal and Micha Berdichevsky. It has reported to have 4 million downloads to date.
I'm a former general partner at google ventures, head of Google for Entrepreneurs in Europe and founding head of Campus London, Google's first physical hub for startups.
I'm also the founder of Techbikers, a non-profit bringing together the startup ecosystem on cycling challenges in support of Room to Read. Since inception in 2012 we've built 11 schools and 50 libraries in the developing world.
- Weekly #FIRGUN Newsletter – November 22 2024 - November 22, 2024
- Breaking the mold: Pattern Breakers book review - November 18, 2024
- Weekly Firgun Newsletter – November 15 2024 - November 15, 2024
