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Wednesday, February 16, 2011

GetJar raises $25 million in new funding for its app store

GetJar, which describes itself as the world’s largest open app store, has raised $25 million (around £15.5 million) in its latest round of funding.

The company plans to expand its offering to Android publishers while continuing to support other smartphone platforms. In the past year, GetJar has established partnerships with key players including Yahoo!, Sprint, AT&T, Openwave, Rovio, Zynga and Glu Mobile. It’s also quadrupled the number of downloads per month and tripled its number of employees.

Ilja Laurs, founder and CEO of GetJar, said “It’s extraordinary that with hard work and an amazing team, GetJar has become the world’s largest open app store with over 1.5 billion downloads. I was excited to receive such incredible interest for this Series C round of funding and thrilled to add Tiger Global Management to our current investor base. I look forward to rapidly scaling the company to take advantage of the enormous global app market opportunity.”

GetJar provides more than 75,000 mobile applications across all major platforms to consumers in more than 200 countries.

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Opinion Articles

Text message offers crop advice for Philippine rice farmers

Simone Orendain of voanews.com writes:

A new program offers rice farmers in the Philippines advice on fertilizer use via their cell phones.

International Rice Research Institute scientists have spent 18 years refining a computerized system to give farmers advice on just how much fertilizer to use...

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This week at The Fonecast: 22nd January 2011

Mark Bridge writes:

This week’s big news isn’t entirely mobile-related – but it is entirely worth mentioning. First we had Amazon snapping up the part of LOVEFiLM they didn’t already own. (Allow me to start the speculation about a video-streaming Kindle). And then Google CEO Eric Schmidt said he was leaving.

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What difference will the Amazon and LOVEFiLM deal make to the mobile industry?

Mark Bridge writes:

If you’ve read any of the tech press today you’ll have seen that Amazon.com is buying LOVEFiLM. Yes, that really is how the company writes its name. Amazon already had quite a collection of LOVEFiLM shares, so it’s really just buying the remainder.

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This week at The Fonecast: 15th January 2011

Mark Bridge writes:

It's been a funny old week. With the International CES behind us and Mobile World Congress less than a month away, you’d be forgiven for thinking there wouldn’t be much big news until the world’s mobile mavens start arriving in Barcelona.

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Why I'm predicting success for the BlackBerry PlayBook

Mark Bridge writes:

The RIM BlackBerry PlayBook. Embarrassment-in-waiting or soon-to-be-success in the increasingly crowded tablet market?

Just before Christmas I stuck my neck out and predicted the latter. But that’s not a position I’ve always held.

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