Thursday, August 2, 2012

Brazilian Accelerator Appies Closes Seed Round To Concentrate On Mobile Apps Only

06If you think about it Instagram, originally developed as a silly app to check into bars and take pictures of beer, had it right. The world is about 'mobile first'. And to that end, the emerging worlds of the so-called BRICK nations are clearly 'mobile first'. So it's interesting that Appies, an accelerator out of Brazil, has now announced its first seed round, (terms not undisclosed) from Trindade Investimentos. Appies plans to back mobile application developers not startups, and sees where that takes it. Admittedly, not every app developer wants to start a business or a startup. They just have a good idea for an app.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/NE20mt2fGjs/

IDT

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