|Description||Powering the Global App Economy|
|Series A, 12/10 |
|Series B, 12/11 |
QiMing Venture Partners
Western Technology Investment
Appconomy operates a global platform that increases app revenue, designed for brands, retailers, service providers, local merchants and mobile carriers. With powerful commerce and community services from its AppWalletâ„¢ technology, the Appconomy platform creates a simple way for developers to add functionality such as: daily deals, coupons, loyalty & rewards programs, and social network & private group sharing to apps. The AppWalletâ„¢ is a cloud-based offering, initially focused on the US and China markets.
Appconomy’s mission is to power global apps that simplify and improve peoples’ lives. Led by co-chief executives, Brian Magierski and Steve Papermaster, the company is privately held and venture-funded, with dual global headquarters in Austin, Texas and Shanghai, China.
|Launch Date||February 23, 2011|