GetJar Raises $25 Million In Third Round Of Financing
MobileBeat announced yesterday that GetJar has raised a whopping $25 million in its third round of financing. GetJar's founder and CEO Ilja Laurs is from Lithuania, but the company has been headquartered in the US for many years. This round of financing came from Tiger Global Management and Accel Partners. Accel Partners also led the two previous rounds. With the third round of financing, GetJar has raised in total $42 million.
Lithuania - Punching Above Its Weight In ICT?
Guest post by Daiva Naravaite, co-founder of AlpinaSearch. AlpinaSearch is a provider of global Search, Selection & On-boarding services for innovative start-ups and their investors.
Who would have believed that the country with the highest mobile subscription rate worldwide (138% as per World Economic Forum's World Competitiveness report), the broadest high-speed mobile broadband coverage and the densest network of public internet access points in Europe is the small nation of Lithuania, sandwiched between Latvia, Belarus, Poland, Kaliningrad and the Baltic sea?
Prompted by comments I heard on numerous occasions (including geeky ArcticStartup and TechCrunch events), and equally inspired by the enthusiastic entrepreneurial community in Lithuania, I thought I’ll share a few facts.
