BlackBerry Partners Fund Invests in PocketGear (Handango)

Partners FundlogPo Back in February we mentioned that PocketGear had purchased the long standing Handango software store. That sale made them the largest cross platform mobile software store with a combined $400 million in revenue with distribution agreements with 4 of the top carriers in the US and three of the top ten global carriers.

Now the BlackBerry Partners Fund has announced that they have joined in a $15 million series B funding of PocketGear along with Trident Capital. PocketGear plans on using the funding to scale and build out its sales and marketing team. The end goal is to expand its global reach in the growing mobile app market.

It will be interesting to see how this all plays out since RIM is now a large investor in PocketGear. The Handango storefront is complimentary to RIM since RIM makes their money off devices instead of software but it will be interesting how PocketGear fits into RIM’s growth plan for BlackBerry App World.

What do you think? Do you prefer Handango over App World or vise versa?

3 total comments on this postSubmit your comment!
  1. Handango has been on a downward slide for a long, long time and their system is worse than Mobihand.

    I wonder if they plan on doing some revamping…. They need to change their download/registration system…

  2. Handango is extreeeeeeeeeeemely unpopular with developers. They generate very few sales., take away 70%+ of the revenue and have extremely bad support.

    A big no no for blackberry devs.

  3. I don’t like Handango or App World. I prefer Mobihand

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