Tim Schumacher and Ulrich Essmann invest in Apptopia.
Tim Schumacher and Ulrich Essmann, two of Sedo’s founders, are no strangers to building a marketplace.
The pair hope to put this background to good use by investing in Apptopia, which they describe as a “Sedo for Apps.” They led a bridge financing round that also includes Kima Ventures, Eric Kagan, Telegraph Hill Capital and Rothenberg Ventures.
Much like Sedo does for domain owners, Apptopia allows app publishers to list their apps for sale. Buyers get the user base, revenue and technology. This seems like something that would be appealing to domain investors who are used to buying domains based on traffic and revenue. (That said, apps take a bit more care and feeding than domains to keep up.)
App developers have already received over $5 million in payouts from selling their apps on Apptopia.