AppRedeem Rewarded With $700K From SV Angel And Blue Run Ventures

AppRedeem, a Mountain View-based startup that aims to offer mobile app developers innovative, effective solutions to driving app installs and engagement, announced today that it has raised $700K in seed funding from SV Angel and Blue Run Ventures. The startup plans to use its infusion of capital to expand its engineering resources and to accelerate its development onto other mobile platforms. In conjunction with its funding announcement, AppRedeem is also launching a free mobile app that allows users to earn real world, offline rewards and merchandise for using and reviewing mobile apps promoted in its AppRedeem app. The app is available on iOS and Android.

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