Palantir has acquired Propeller, a San Francisco-based mobile startup which allows users to create their own apps. One-year-old Propeller has raised $1.25 million in funding from a long list of big-name Valley investors, including Andreessen Horowirz, ffAngel, Menlo Ventures, Foundation Capital, Subtraction Capital, Great Oaks Venture Capital, Max Levchin, Ashton Kutcher, Keith Rabois, Scott Banister, Jason Portnoy, Lee Linden, Rothenberg Ventures and Alfred Mandel. Propeller announced the sale on its website.
Propeller Gets $1.25M From A16z, ffAngel, Everyone Good Basically
The app that allows you to create your own native apps, Propeller, has raised $1.25 million from Andreessen Horowitz, ffAngel, Menlo Ventures, Foundation Capital, Max Levchin, Ashton Kutcher, Keith Rabois, Scott Banister, Jason Portnoy, Lee Linden, Rothenberg Ventures and Alfred Mandel. Like a less-complex Appsify.me or a Testflight for normal people, Propeller aims to democratize the app store. When launched, Propeller will eventually let people who don’t know how to code build their own native, not HTML5, mobile apps. Normals can design their own apps for their weddings, fraternities, businesses, whatever through Propeller’s drag-and-drop interface and templates. And then deploy those apps to others through the Propeller app on an iPhone or Android.