Apportable secures $5 mln for mobile development

Apportable announced it has raised $5 million in funding from Google Ventures and a group of individual investors, including Gmail creator Paul Buchheit, Yahoo co-founder Jerry Yang and Reddit co-founder Alexis Ohanian, among others. Apportable has now raised $7.4 million in total funding. The San Francisco-based company, which provides mobile development tech that enables developers to share the same code for iOS and Android, previously participated in StartX, a Stanford-affiliated accelerator in Fall 2013 and Y Combinator in Winter 2011.

PRESS RELEASE

Apportable Raises $5 Million For iOS to Android Development Technology

Gmail, Yahoo, & Reddit Innovators Take Investment in Fast Growing Startup

San Francisco, CA – Apportable, a mobile development technology company that enables app and game developers to share the same code for iOS and Android, today announced it has closed a $5 million round of financing from a group of accomplished investors and technology innovators. Gmail creator Paul Buchheit, Yahoo co-founder Jerry Yang, and Reddit co-founder Alexis Ohanian, among others, are providing investment to accelerate Apportable’s mission of helping developers create brilliant, inspired mobile experiences.

The company’s core technology empowers developers to realize their dreams of building highly responsive, native apps, for the widest possible audience. The Apportable platform allows Objective-C code to run on Android devices, eliminating the need to build and maintain two separate versions of the app or game.

“We’ve spent more than three years tackling one of the biggest problems facing the development community,” said Collin Jackson, co-founder and CEO of Apportable. “Our technology lets developers compile their entire iOS app to run on Android.”

Apportable technology is used by small and large development teams including Pocket Gems, Bjork, and Wooga to bring games like Ridiculous Fishing, Jelly Splash, Osmos, Kingdom Rush, and many other top-tier iOS titles to Android. The company’s first product, the Apportable compiler, allows anyone to cross-compile Objective-C apps to Android without extensive changes to the codebase.

In late January, Apportable launched its second product, SpriteBuilder, the first game development suite for rapidly building iOS and Android games with Objective-C and Xcode. The app, which is free to download in the Mac App Store, is already being used by thousands of game developers.

Alexis Ohanian, a partner with Initialized Capital, invested in Apportable’s initial seed round of $2.4 million in 2013 and joins this round with a follow-on investment.

“This team has pulled off what most of us thought was impossible and I’m excited to see where it goes from here,” said Ohanian.  “With Apportable, any iOS developer can launch a native app on both platforms without the massive headaches and expenses normally associated with producing and distributing an app for both Apple and Android devices.”

Early VMware investor and renowned Stanford physicist, Shoucheng Zhang also contributed via his newly formed investment firm, Danhua Capital.

“The Apportable technology enables cross platform interoperability in the mobile space, very much like what VMWare did in the desktop and server space in the early days,” said Zhang.

Zhang saw VMware grow from its founding team to become a publicly traded company. San Francisco-based Apportable employs more than 50 people and plans to expand rapidly in 2014. The company will focus on providing the best production experience possible for developers while continuing to grow a world-class engineering team, many who are open source experts from around the world.

Since Fall 2013, the company participated in StartX, a nonprofit accelerator for Stanford-affiliated entrepreneurs. Apportable’s CTO, Ian Fischer, will present at the accelerator’s Demo Day event on Thursday, February 6th in Los Altos, CA.

“StartX works with exceptional entrepreneurs at any stage of company development. The Apportable founders have been amazing contributors to this session and we are thrilled to offer the Demo Day experience as a platform to raise awareness about their remarkable technology and progress,” said Cameron Teitelman, founder and CEO of StartX.

About Apportable
Apportable is a mobile technology development company. It is the leading solution for automatically converting iOS games and apps to Android, without extensive changes to the original Objective-C or C++ code. The San Francisco-based startup was founded in 2011 by Carnegie Mellon University professor Collin Jackson and U.C. Berkeley researcher Ian Fischer. Apportable customers include thousands of independent developers as well as top producers such as Pocket Gems and Wooga. Apportable participated in StartX, a nonprofit accelerator for Stanford-affiliated entrepreneurs in Fall 2013 and Y Combinator in Winter 2011. It has received $7.4 million in funding by Initialized Capital, Paul Buchheit, Jerry Yang, Danhua Capital, Google Ventures, Morado Ventures, Y Combinator, and many others. For more information visit Apportable.com.

About StartX
StartX is a Stanford-affiliated nonprofit in Silicon Valley that runs one of the world’s top startup accelerator programs. Our mission is to advance the development of the best entrepreneurs through experiential education and collective intelligence. Since launching in 2010, we have supported 166 companies and more than 370 entrepreneurs across a wide spectrum of different industries. StartX provides founders with access to a powerful network of entrepreneurs, investors, mentors, and industry partners, along with office space and a variety of other resources. We are supported by Stanford University, Kauffman Foundation, Microsoft, Intuit, Cisco, Blackstone Charitable Foundation, Greylock Partners, Draper Fisher Jurvetson, Sequoia Capital, Merck, Johnson & Johnson, and many others. For more information visit startx.stanford.edu.

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