SkyFire announced last week that it got infused with $5 Million in funding to accelerate their growth to the BlackBerry Platform. It kind of blew my mind to hear that number since it makes me wonder how a web browser is going to be able to make back the $5+ to pay back investors. That definitely points to advertising or a monthly subscription cost for SkyFire when it launches. Either than or it is setting itself up for an acquisition. Still the browser is doing quite well on Windows Mobile and Symbian but I have yet to see a revenue model that will be survivable.
This comes right after QuickPlay mentioned that it would be looking towards an IPO sometime in the next year or two if the market is right. I don’t know one person who actually pays for QuickPlay’s Primetime2Go $7.99 month service since it only downloads videos over Wi-Fi. Maybe once they get iPhone support things will take off.
Still this all makes me wonder what the earning potential is for a BlackBerry application. I really hope it is possible to survive a $5 million dollar infusion and still offer a VC level return. I wish you all the luck SkyFire. Here is to hoping that $5 brings the BlackBerry version that much closer!