Toronto's AppHero Acquired by Mobile App Publishing Firm Fuse Powered

Posted by Rob Lewis

AppHero announced today that they have been acquired by Toronto's Fuse Powered Inc. for an undisclosed sum.

Relay Ventures-backed Fuse Powered is the innovative force behind Fuseboxx, an end-to-end integrated mobile app publishing platform that provides actionable analytics and a powerful advertising platform to the world’s leading publishers and developers.

According to today's announcement the AppHero team is enthusiastic about joining Fuse Powered. This acquisition will leverage AppHero’s app recommendation platform to enhance the Fuseboxx advertising by maximizing app revenues.

RELATED: Canadian App Named "Best Free App Ever"

AppHero was founded in 2011 by 17 year-old Jordan Satok (he is now 19) with the goal of helping people discover great apps and games.

Earlier this year Techvibes reported that Satok's AppHero had raised a $1.8 million seed round lead by OMERS Ventures and that he was the youngest Canadian entrepreneur to raise venture capital.

Company:
Relay Ventures
Website:
http://www.relayventures.com
Location:
Toronto, Ontario, Canada

Relay Ventures is an early stage venture capital firm that invests in passionate entrepreneurs disrupting and creating new markets through mobile technologies. Unlike other funds, Relay exclusively focuses on software for mobile devices and the connected Internet, creating an unparalleled set of networks and resources that tangibly help founders build world-class companies. With offices in Menlo Park and Toronto,... more

Company:
Fuse Powered
Website:
http://www.fusepowered.com
Location:
Toronto, Ontario, Canada

Fuse is a digital mobile game publisher, representing the world's best content developers to deliver great games to casual mobile gamers everywhere. Fuse increases the value of games by managing their exposure throughout their lifecycle in the Apple App Store. Fuse combines industry knowledge, a proprietary library, a real-time game performance dashboard and an ecosystem of users, internal and external marketing... more

Company:
OMERS Ventures
Website:
http://www.omersventures.com
Location:
Toronto, Ontario, Canada

We're OMERS Ventures and we are as passionate about your success as you are about your company. We are looking for like-minded partners who have a shared vision of building a vibrant and successful Canadian knowledge economy. OMERS Ventures is the venture capital arm of OMERS, one of Canada's largest pension funds with over $53 billion in net assets. more

Company:
AppHero, Inc.
Website:
http://apphero.com
Location:
Toronto, Ontario, Canada

AppHero learns about you from your Facebook profile and intelligently recommends apps you'll love. more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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