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Home » Mobile Technology In Education » Technology » Where App Developers Can Raise Capital

Where App Developers Can Raise Capital

July 12, 2012|Posted in: Technology

One out of every five developers of apps listed on the App Store is a solo or works for a company with fewer than 5 employees.  Many small apps developers need funds to develop their apps.  Recent successes of several games developers on Kickstarter suggest that perhaps apps developers should look at crowdfunding as a means to get the much needed capital.

Just yesterday, the Android-based open gaming console Ouya broke all Kickstarter records and raised over $1 million in 17 hours and 30 minutes.  As of now, over 24,000 people have pledged more than $3 million to the Ouya project.  For news coverage, see here.  The previous record belonged to Brian Fargo of InXile Entertainment, who raised $900,000 for the game Wasteland 2 earlier this year.  For more news, click here.

If the game developers can reach out to their friends and fans through Kickstarter, then why not developers of educational kids apps?  The appeal to help should be just as great.

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