RollApp Obtains $1,000,000 Series A Funding Round

  • Feed Type
  • Date
    7/2/2013
  • Company Name
    RollApp
  • Mailing Address
    530 Lytton Avenue 2nd Floor Palo Alto, CA 94301
  • Company Description
    rollApp is an application publishing platform that allows end customers to get access to software-on-demand services using freemium model. For software publishers it instantly adds new features to their applications and provides new distribution/revenue channel, for advertisers it brings traditional TV-style advertising model to non-TV devices.
  • Website
    http://www.rollapp.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    RollApp plans to use the latest funding to spin out of its beta stage of development to support more devices/platforms and, ultimately, to start monetising the service.
  • M&A Terms
  • Venture Investor
    LETA Capital
  • Venture Investor
    TMT Investments