Tag: Apptive

Unbound Commerce Acquires Apptive

Chris Belew, co-founder and Chief Executive Officer of Apptive, courtesy photo.

Chris Belew, co-founder and Chief Executive Officer of Apptive, courtesy photo.

Unbound Commerce, based in Boston, announced its acquisition Monday of Austin-based Apptive.

Apptive has created a software platform that allows online merchants to create and manage native mobile apps easily.

The financial terms of the deal were not disclosed.

Unbound Commerce works with more than 600 merchants, including major brands such as Finish Line, Sears and Rockport. Apptive’s mobile platform complements its mobile platform. Together, the companies will “provide out-of-the-box integrations for leading eCommerce enablers including Bigcommerce, Shopify, Demandware, Magento, Yahoo, and Volusion,” according to a news release.

“Through our new app-build capabilities, more merchants can take advantage of delivering deeper mobile commerce engagement,” Srinivasarao Nandiwada, co-founder and CEO of Unbound Commerce, said in a news release. “Mobile sites are great for expanding reach and acquiring new customers. Mobile apps, by contrast, deliver richer, more satisfying interactions to the retailer’s best customers.”

Mobile apps are growing in popularity with both merchants and customers.

“This is one of those situations where the combined company is greater than the sum of its parts. The Apptive and Unbound platforms together will create a powerful and unique solution in the eCommerce industry,” said Chris Belew, CEO of Apptive. “The combination will enable us to build on our market leadership and to enable even more brands and retailers to succeed in the age of smartphones and tablets.”

Belew and Jason Jaynes founded Apptive in 2011. They raised funds from Central Texas Angel Network and Barshop Ventures. The company has raised $1.3 million since its inception, according to its CrunchBase profile.

Apptive Raises $1 Million and Expands its Partnerships

images-2Apptive, a mobile app maker, announced it has raised $1 million in the last year.
The Austin-based company plans to use the funds to expand its partnerships with e-commerce platforms and online merchants.
“With close to half of time spent on e-commerce sites coming from smartphones and tablets, online merchants understand the importance of taking their stores mobile,” Chris Belew, Co-Founder and CEO of Apptive said in a news release. “Prior to Apptive, developing a native m-commerce app meant spending thousands of dollars and dealing with endless complexity.”
Apptive has struck partnerships with Bigcommerce, Shopify, Volusion and 3dcart. Those deals gives the company access to almost 160,000 online merchants.
Apptive currently has hundreds of merchants using its platform which had more than 28,000 end-customer downloads. It saw a big spike in usage following its partnership with Bigcommerce in June.

Eight startups to watch from Demo Day in Austin

Mason Arnold of Greenling pitches its healthy grocery delivery service

A gaming company, weather site and even an organic grocery delivery service pitched their startup companies at the Capital Factory’s Demo Day in Austin last week.
In an afternoon session, 17 entrepreneurs fast pitched their ventures on stage at the AT&T Executive Education and Conference Center to other entrepreneurs, investors and the media. Here’s my top eight:

Apptive – Chris Belew, an experienced entrepreneur, founded the site, which allows anyone to make a mobile phone app easily without having to know how to code. Prices start at $300. The company is signing up re-sellers to market its services. Its customers include attorneys, chambers of commerce and small businesses. The company is looking to raise $500,000 in the next three months.

The Daily Dot – Nick White, co-founder and CEO, worked for the traditional newspaper industry for years, but saw a new opportunity online. “People live their lives online,” White said. But the media didn’t get that memo, he said. They still cover the Internet like an industry and not like a community, he said. That’s the sweet spot for The Daily Dot, which bills itself as the hometown newspaper of the World Wide Web. “It’s the paper of record for the Internet,” he said. “It covers what happens online.”

Forecast – Rene J. Pinnel, the CEO of Hurricane Party, was a 2010 Capital Factory finalist. The company created an app called Hurricane Party, which it introduced at the last SXSW Interactive. Forecast is the company’s latest app. The app launched eight weeks ago and has 27,000 users in private beta testing right now. With the app, users broadcast their plans to friends. The company is raising $250,000 in seed funding and has about half of the money already committed.

Greenling – Mason Arnold, one of the founders, wants people to eat healthier to save their lives. He created an online shopping and grocery delivery service in Austin and San Antonio with more than 5,000 customers. The company plans to expand to Houston and Dallas next year. “The food system is changing,” Arnold said. “It has to change and Greenling is here to save the day.”

Infochimps – Dhruv Bansal, one of the founders, created a marketplace for data. His two-year-old data services company aggregates and sells data sets. He also made news at the event with the announcement that Infochimps acquired another Capital Factory finalist from 2010, Keepstream, a social media curation site.

Loku – Dan Street, the founder, wants people to plug into the local scene. His company provides information on local establishments from coffee shops to bars and provides graphics and maps and reviews. The company is raising $1.5 million in its first round of venture capital funding.

Ricochet Labs – Rodney Gibbs, a seasoned entrepreneur, founded Ricochet Labs to encourage people to play more games. The company created a gaming platform called Qrank, which lets people play a question and answer trivia game. “We make it easy for anyone with content to make mobile games out of that content,” Gibbs said. The Texas Tribune, Kirkus Review and others are currently using the game to engage and reward their readers.

Stormpulse – Matt Wensing, founder, wanted better storm tracking data for his family. So he wrote some software and created Stormpulse in 2006. He lives in Jupiter, Florida, which is in Palm Beach County. The site now has all kinds of big companies as customers like FedEx, Disney, IBM and JetBlue. The companies need the most accurate weather information to run their business. In addition, government agencies like NASA and the Navy use StormPulse, but Wensing said he was totally blown away when he was eating his breakfast cereal one morning and he got a call from the White House. The White House situation room uses Stormpulse to keep track of pending storms. Wensing’s currently seeking funding to expand the site.

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