Founded in late 2011, the company provides mobile application recommendation platform which aims to drive publisher’s revenue and increases mobile users’ engagement.
“We believe that youAPPi has developed a disruptive technology that solves the two most critical issues within the mobile eco-system,” said Kobi Sambourski, co-founder of Glilot Capital Partners. “It allows mobile publishers to gain much needed revenues while increasing user engagement and providing the most effective distribution channel to apps developers.”
The market for mobile applications is expected to continue its tremendous growth in 2013. Portio Research forecasts 82 billion applications will be downloaded worldwide in 2013, and by 2017 there will be more than 200 billion downloads per year.
Glilot Capital targets seed and early stage investments in the areas of software, cyber and IT security, internet, and mobile applications.
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