Stage: Beta (public testing)
Number of employees: 6-15
Investors: Hall Financial Group, Zenith Group, Cambridge West Ventures, Silicon Valley Association of Startup Entrepreneurs, Individuals
Short URL: vator.co/appbackr-inc
appbackr’s wholesale model allows anyone to purchase apps. Developers get immediate payment, and the buyers profit when those licenses sell in app stores. By
creating a system where third parties can see significant profit from mobile
apps, appbackr is creating a new market that will facilitate the distribution
and discovery of new applications.