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GetJar, Inc.
Business Summary
GetJar Networks, Inc. is a privately-held mobile app store operator. GetJar generates revenue through promotions of developers' apps within its marketplace. It charges developers a pay-per-download fee, which developers can bid up to receive a more prominent display within the store. Having reached 2 billion downloads in mid-2011, The GetJar app store is one of the largest independent app stores. GetJar, Inc. was founded in 2003 by Ilja Laurs and is headquartered in San Mateo, California, with offices in London and in Lithuania, where much of GetJar, Inc.'s web development and programming occurs.
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 2003 |
| Formerly Named: | GetJar Networks, Inc. |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | San Mateo |
| State/Province: | California |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.getjar.com |
Corporate Organization
| Subsidiaries: | GetJar Networks UAB. GetJar Networks UK |
| Brands: | App Catalog Express |
| Founders: | Ilja Laurs |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Internet > E-Commerce > Online Marketplaces |
| Technology > Mobile Technology > Mobile Applications |
| Technology > Mobile Technology > Mobile Media |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | GetJar, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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GetJar, Inc. Revenues ($ MM): |
GetJar, Inc. Total Employees: |
GetJar, Inc. Productivity (Revenue/Employee) ($ MM): |
GetJar, Inc. Cumulative Number of App Downloads (Millions): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | May. 2011 | Completed | View1 | View | Acq-Hire Acquisition | View |
| 1 | GetJar Networks, Inc. acquired...Read More → |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Nov. 2007 | View | A | Venture Capital | |
| Details | Total Round A View | |||
| Jun. 2010 | View | B | Venture Capital | |
| Details | Total Round B View | |||
| Feb. 2011 | View | C | Private Equity | |
| Feb. 2011 | View | C | Venture Capital | |
| Details | Total Round C View | |||
| Total of Funding Shown Above View | ||||
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Detailed Business Description: GetJar, Inc.
Background
In 2003, Ilja Laurs established GetJar Networks, Inc. as a website focused on providing developers a platform to give and receive feedback for their mobile applications. The platform transformed into a distribution platform in 2005 when Laurs launched the GetJar app store. Based in San Mateo, California, the company expanded to include offices in UK, Seattle, and Lithuania. With about 500,000 apps and over 2 billion downloads, GetJar is the second largest app provider in the industry.
Revenue
GetJar Networks, Inc. emphasizes providing free app downloads for users from all mobile platforms. The company primarily derives its revenue from offering premium ad placement and promotional services. It uses a pay per download system with developers. Developers place bids to give their apps premium visibility on GetJar's app store; the bids represent how much developers are willing to pay per download.
GetJar gains additional revenue through partnerships with major mobile… Continue Reading →
Supplemental Resources
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