Mobile

GetJar raises another $25M for its mobile app store

Independent mobile-app seller GetJar just announced that it has raised $25 million in a third round of funding for what it calls the largest “open” app store in the world.

The news comes just a few days after chief executive and founder Ilja Laurs published an op-ed arguing that the United States is “still the land of opportunity for VC funding.” It seems he had even more reason to make that argument than was obvious at the time.

San Mateo, Calif.-headquartered GetJar says that users have downloaded more than 1.5 billion applications from its store, which supports Android, BlackBerry, iOS, and other devices. The company had a huge success last fall when it was the first app store to offer the hit Angry Birds game for Android — though the demand was so high that its site went down temporarily.

The round was led by Tiger Global Management. Accel Partners, which led GetJar’s first two rounds, also participated in the new funding. (Laurs is pictured with Accel partner Rich Wong above.)

“We’ve been highly impressed with the leadership team and their ability to disrupt the marketplace with the fraction of spend compared to the likes of Google and others,” said Lee Fixel, Tiger Global Management’s managing director, in the press release.

GetJar has now raised a total of $42 million.


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