Top 25 Hottest Global Mobile Companies
Submitted by Jennifer L. Schenker on February 25, 2012
To identify the most promising global mobile companies Informilo asked some of the most active investors around the globe to nominate and evaluate companies outside their own portfolios. Some are well-known, others are below the radar but unlikely to stay that way for long. Read on to discover Informilo's 2012 picks for the mobile top 25. The companies are also featured in the 32-page print magazine Informilo produced for the Mobile World Congress, which is taking place in Barcelona February 27-March 1.
Rovio
(Rovio.com)
Espoo, Finland
What it does
Developer of casual games across multiple platforms – iOS, Android, Windows Phone, OSX, Windows, Facebook
Why it’s hot
Angry Birds, Rovio’s breakthrough game, hasn’t just made it on to multiple platforms — it's now part of the collective consciousness. Launched in December 2009, the game has been downloaded more than 500m times and has spawned real-world stores to sell fluffy versions of its grumpy avians and pigs as well as apparel. Last year Rovio scored a $42m funding round; CEO Mikael Hed hasn’t ruled out more funding before an IPO.
Shazam
(shazam.com)
London, UK
What it does
Mobile app to identify music
Why it’s hot
Bar-goers have since 2002 been holding their handsets up to speakers so the Shazam app can identify the music they’re listening to. Since then it has morphed into a powerful marketing tool: the user can now not only to identify the music in, say, an ad, but also buy the goods featured in the ad, concert tickets, the track itself, etc. In June 2011 it raised $32m in funding; it now also connects users of mobile devices with interactive TV ads and boasts 180 million users.
Foursquare
(foursquare.com)
New York, New York, USA
What it does
Mobile location services incorporating game-type elements
Why it’s hot
Launched in 2009, this start-up has racked up a community of some 15m people around the world, all broadcasting their locations to their social-network friends. In January Foursquare said its users had checked in more than 1.5bn times. Foursquare recently added support for NFC to its Android app, which should help it grow its reach and ubiquity.
Square
(squareup.com)
San Francisco, CA, USA
What it does
Offers a free credit-card reader and a mobile app that allows even the smallest retailer to take card payments
Why it’s hot
Co-founded by Twitter boss Jack Dorsey and with $168m in funding from Silicon Valley heavy hitters including Sequoia, Square says it is on track to process $2bn worth of transactions a year. It collects 2.75% per swipe on cards and deposits the cash in the retailer’s account the next day; Squarelooks set to carve out a very lucrative space for itself.
Spotify
(spotify.com)
Stockholm, Sweden
What it does
Streaming music service with close social media interactivity and mobile apps
Why it’s hot
Allows users to stream music from the big music players and smaller independent labels using either a free, ad-supported service or a premium ad-free service. Now requires a Facebook account, so has enormous potential reach; recently declared itself a “platform,” encouraging developers to write apps for it. Users can share playlists, driving social crowdsourcing for events big and small; premium users can also access and share music on most mobile devices.
Zeptolab
(zeptolab.com)
Moscow, Russia
What it does
Small game developer
Why it’s hot
After Rovio’s Angry Birds became a giant mobile gaming hit, everyone was looking for the Next Big Thing in mobile gaming. Zeptolab’s Cut The Rope seems to fit the bill: it’s been downloaded more than 100m times and in February it announced that it had set itself on the path to riches by signing licensing deals with real-world toy-making giants Hasbro, Mattel and Jakks Pacific as well as with apparel maker LF USA.
Xiaomi Tech
(xiaomi.com – Chinese website)
China
What it does
Mobile developer
Why it’s hot
The Chinese start-up, which offers a customized version of the Android platform, announced last summer that it was launching its own high-spec, low-cost handset. With the huge Chinese consumer market at its fingertips through its orders from China Telecom and China Unicom, Xiaomi can afford to sit tight and say, as it did recently, that it's comfortable posting losses for the next two years. Well, it did raise $90m in funding at the end of last year, taking its total financing to $131m.
(whatsapp.com)
Silicon Valley, USA
What it does
Mobile user-to-user messaging app available for most platforms
Why it’s hot
Sitting squarely in the same space as BlackBerry’s Messenger app Apple’s Messages, this app, which bypasses SMS charges, has the potential to be disruptive both to the cellular networks and the two hardware vendors it challenges by taking the concept across all platforms. Still small, with funding of $8m from Silicon Valley heavyweight Sequoia, this is one to watch.
(flipboard.com)
Palo Alto, USA
What it does
Aggregates content from social media and web links into a visually-pleasing magazine-style format for the iPad and iPhone
Why it’s hot
With huge brands such as Oprah getting on board to create her own channel for subscribers to follow, the potential reach for this beautifully realized app is huge. There’s a lot of talk about it potentially revolutionizing or even rescuing the publishing industry, though for now its user base remains small at around 5m and its business model is unclear. However, it’s a darling of Silicon Valley and the chatterati and has thus far attracted funding of $60.5m.
Bump
(bu.mp)
Mountain View, CA, USA
What it does
Allows mobile phones (iOS and Android only) to exchange data by bumping together. Data goes via Bump’s servers rather than flow directly between the phones
Why it’s hot
Any tech start-up with Netscape founder Marc Andreessen as a new recruit to the board is going to attract attention, never mind the fact that is has raised $19.9m in funding since its birth in 2008. Initially buzzy for being a cool, Silicon Valley way to exchange business cards, it now also can exchange photos.
Getjar
(getjar.com)
Vilnius, Lithuania
What it does
Provides a cross-platform marketplace allowing mobile users to download premium apps for free
Why it’s hot
Apps that other marketplaces charge good money for? Getjar monetizes by being a paid discovery service. Now it’s launching a loyalty program that will reward users with virtual gold coins they can spend on premium apps and services. CEO Ilja Laurs is excited about the potential for his virtual currency, talking of bringing on board other partners outside the mobile space.
Lookout Security
(mylookout.com)
San Francisco, California, USA
What it does
Security software – for mobile platforms
Why it’s hot
Security is a big problem with the laissez-faire Android Marketplace, where a rogue app can do a lot of damage before Google yanks it. Although this is less of an issue with the more closely-curated Apple App Store, it's still clear that security on mobile devices is important. Lookout uses flashy graphics and always-up-to-date threat assessments to scare the living daylights out of its users.
Enterproid
(divide.com)
New York, USA
What it does
Its Divide platform allows users to split their personal and work stuff by creating separate profiles on their Android devices
Why it’s hot
With the increasing focus on consumerization, businesses will want to manage the devices their workers choose while allowing them the freedom to make their own choices about hardware. At the moment it’s Android-only, but the founders plan to move on to iOS and Windows Phone, and, with the charmingly old-fashioned idea of charging a fee per user, Divide should, if it takes off, be able to make money.
Hailo
(hailocab.com)
London, UK
What it does
Matches London’s iconic black cabs with passengers via an Android/iOS app
Why it’s hot
Rather than charging a fixed subscription as London’s traditional radio cab networks do, the app takes a fee of “about” 10% of the fare. It also aims to build a social community of London’s cabbies, who can exchange information about traffic, etc., and provides tools to help drivers record their earnings. Today this is small, but if it works in London, it could work in cities around the world.
Urban Airship
(urbanairship.com)
Portland, OR, USA
What it does
Content delivery mechanism for apps, delivering push notifications and in-app purchases
Why it’s hot
This uses not one but two methods of monetization: tiered purchase levels and small commissions from each in-app purchase. With funding of $21.6m on board and a potentially huge marketplace among the millions of bedroom app developers as well as the big boys, this is one to keep an eye on.
Neul
(neul.com)
Cambridge, UK
What it does
Uses free “white space” spectrum to provide secure wireless communication
Why it’s hot
The demand for fast and reliable mobile connectivity makes this Silicon Fen start-up particularly interesting. With $12.8m of funding, this has the potential to become a powerful content delivery network for everything from updating automotive firmware to tracking goods on the move and electronic media delivery.
Fon
(fon.com)
Madrid, Spain
What it does
Delivers “crowd-sourced Wi-Fi” through users sharing some of their home Wi-Fi to create a mesh of publicly-available connectivity
Why it’s hot
What gives Fon clout is its wide penetration and partnerships with big telecoms players including BT, Belgacom and MTS as well as other partners around the world. It’s been around since 2006; investors include Google, Skype and Sequoia.
Wrapp
(wrap.com)
Stockholm, Sweden
What it does
Social giving app
Why it’s hot
Wrapp has just raised a further $5m in funding from backers including Skype founder Niklas Zennström to add to the $5.5m it had previously raised. Still low-key and in very few countries, this social-giving app, which notifies users of friends’ upcoming birthdays and lets them buy virtual gift cards and do joint gifting, could scale impressively once it breaks out of Sweden.
Frogtek
(frogtek.org)
Spain, Mexico and Colombia
What it does
For-profit social enterprise provides mobile software for small shops in developing world economies to help them grow their businesses
Why it’s hot
Much of the developing world is bypassing fixed infrastructure and going straight to mobile, providing a huge opportunity for entrepreneurs to market directly to both consumers and B2B. Frogtek’s software brings tiny shops into the 21st century and helps them avoid the “poverty penalty.” With 40m shops in its target territories serving 4bn people, the potential to scale and to do good is impressive.
Storm8
(storm8.com)
Redwood Shores, California, USA
What it does
Develops games for Android and iOS
Why it’s hot
With revenues breaking $1m a day during a promotion and 210m downloads as of August and counting, this is a reminder that casual social gaming is by no means a casual proposition.
(instagram.com)
San Francisco, CA, USA
What it does
iOS social photography app
Why it’s hot
In just two years the faux-vintage Instagram look has taken over social feeds as users upload thousands of photographs each day. The app is free to download; users pay for additional features and filters. Brands love it, opening up lucrative partnership potential for the business.
TinyCo
(tinyco.com)
San Francisco, CA, USA
What it does
Makes bite-sized casual mobile games designed to be enjoyed five minutes at a time
Why it’s hot
All the usual good stuff about mobile social gaming: huge reach, frictionless payment systems for in-game enhancements, but additionally in May 2011 the company launched a $5m investment fund, TinyFund, to help support mobile game developers – many of whom could feed into its own ecosystem further down the track.
Pocketgems
(pocketgems.com)
San Francisco, CA, USA
What it does
Free-to-play mobile casual game developer for iOS and Android
Why it’s hot
With more than 60m downloads, that’s a lot of users being tempted to make in-game purchases. The big boys of Silicon Valley are in on the funding: so far it has raised $5m from Sequoia Capital and former eBay big cheese Michael Dearing.
Pops
(getpo.ps)
Tel Aviv, Israel
What it does
Allows Android users to personalize alerts for new email and from social networks
Why it’s hot
Never underestimate the desire of users to make their devices more personal. This Israeli company, founded less than a year ago (April 2011) has $1.5m in funding under its belt and the huge ecosystem of Android to reach into.
Appsfire
(appsfire.com)
Paris, France
What it does
Discovery service for Android and iOS with social elements
Why it’s hot
As well as leveraging the viral, social possibilities of getting users to share awareness of their favourite apps, Appsfire has launched App Booster, which aims to help developers maintain their users’ engagement with their apps. It also has an ad unit for the iPhone that lets developers start marketing apps before they launch.
Guest columnists
About Informilo founder and editor-in-chief
Jennifer L. Schenker has been covering technology outside the U.S for 23 years, most recently for BusinessWeek. She has also worked full-time for the Wall Street Journal Europe, Time Magazine, International Herald Tribune and Red Herring.
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