Apple’s App Store and the Google Play Store are full of once-hot-but-still-useful apps with substantial user bases, but whose founders may have moved on leaving a product that could use a little sprucing up. Enter Maple Media, a startup that just raised $30 million from private equity firm Shamrock Capital and aims to scoop up a bunch of apps that aren’t getting enough love, manage them — and most importantly — boost their revenue. “Our goal is really to acquire assets that already have a very strong sizable user base,” Maple Media CEO Michael Ritter, a founding employee of mobile gaming company Jam.
- 2/22/2017
- by Matt Pressberg
- The Wrap
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