logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Aptoide Secures €8.5 Million Investment From Digital Turbine, Strengthening Strategic Partnership

Nov 09, 2023about 2 years ago

Amount Raised

€8.5 Million

PortugalMobile Apps

Investors

200 M FundPortugal VenturesFaureciaAtpoideAptoideDigital Turbine

Description

Aptoide, the leading alternative Android app store, is thrilled to announce the successful closure of an €8.5 million investment round with Digital Turbine, the premier independent mobile growth platform. This investment solidifies the commitment of both Aptoide and Digital Turbine to providing app developers, distribution channels, telecommunications operators and users with an open, innovative alternative for app distribution and monetization.

Company Information

Company

Aptoide

Location

Portugal

About

Founded in 2011, Aptoide is the first social Android App Store. With over 200 million users, 4 Billion downloads and 1 Million Apps, Aptoide is a community based platform that reinvents the App discovery experience through a social environment, tailored recommendations and the opportunity for users to create and share their own personal app stores. Aptoide also provides customizable white-label App Store solutions for developers, OEMs, Telcos and Integrators, through which they can upload and distribute their Android Apps. The Aptoide App Store is available for mobile, TV and VR devices and is accessible in over 40 languages. With an ever-growing community of users and partners worldwide, Aptoide is now one of the leading players in the world of Apps.

Related People

2 contacts

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers