PRLog - June 15, 2011 - PALO ALTO, Calif. -- Appbackr Selected by AlwaysOn as a OnMobile Top 100 Winner
Recognized for creating new opportunities in mobile technology.
Palo Alto, CA June 15, 2011 – Appbackr, the wholesale marketplace for apps, today announced that it has been chosen by AlwaysOn as one of the OnMobile Top 100 winners. Inclusion in the OnMobile 100 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Appbackr was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
Appbackr and the OnMobile Top 100 companies will be honored at AlwaysOn’s OnMobile event on June 15th, 2011, at The Fox Theatre in Redwood City, CA.
This two-day executive event features CEO presentations and high-level debates on how the top emerging mobile companies are creating new business opportunities in the hot, high-growth mobile market.
“The mobile market is booming, as evidenced by top researchers, who are predicting that more smartphones will be shipped in 2012 than PCs, and there will be more mobile Internet users than PC Internet users by 2014,” says Tony Perkins, founder and editor of AlwaysOn. “This explosive market is being driven by the companies that made this year’s OnMobile Top 100 list. We congratulate the OnMobile 100, a great list of companies that our editors believe represent some of the highest-growth opportunities in the private company marketplace.”
The OnMobile 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2011 list.
A full list of all the OnMobile Top 100 winners can be found on the AlwaysOn website at:
“The AlwaysOn OnMobile 100 is an exciting and dynamic group of companies which are paving the way in mobile. appbackr is pleased to be recognized as an innovator in this fast growing eco-system.”
appbackr Inc. is a privately funded startup based in Palo Alto, CA. The first wholesale marketplace for apps, appbackr’s approach revolutionizes the mobile industry by solving common funding and distribution problems. App developers use appbackr to fund development and marketing by selling licenses of the app to wholesale buyers (backrs). When those licenses sell in a retail app store, the backrs makes money. When all backed licenses have sold, the developer reverts to the normal distribution method. Appbackr enables app developers to raise lump sum cash without giving up equity in the company or product. Winner of the PayPal X Developer Challenge and SVASE/Cambridge West Ventures Seed Fund Award, the company was also selected as an AlwaysOn Global 250 Company.
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn’s preeminent executive event series includes the Summit at Stanford, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, Venture Summit East, GoingGreen Silicon Valley, and GoingGreen East. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.