The Australian team behind Discovr, an app discovery tool for Apple’s iOS platform, have announced overnight a $1.1 million round of seed funding from Yuuwa Capital.
West Australian-based software firm Filter Squad’s Discovr apps launched earlier this year, providing owners of Apple’s iOS products a new way to discover new apps and music.
The app has since shot to number one position in a number of iTunes Stores around the world – the app edition is sitting in #1 spot in at least 17 countries, the company says, with the music edition taking honours in 28 countries — with a new music app for Apple’s Mac platform also launching today to celebrate 1 million downloads of the iOS editions.
“Our goal was to create an app that enhanced the way that people use their desktop machines everyday, and we think that Discovr Music for Mac App Store is our best app yet,” CEO and Founder of Filter Squad, David McKinney, said in a statement overnight.
Editions of Discovr’s apps for Google’s open source mobile platform, Android, are also believed to be in the works.
Amongst the celebrations the team also revealed they’ve secured a round of seed funding from a local capital firm.
$1.1 million of seed funding has been provided by Yuuwa Capital, situated in Perth, Western Australia, in order to assist the app’s head company FilterSquad to continue to grow its initiatives and hire new employees.
It’s believed the money will be used to hire a number of staff in the US to grow the company’s presence overseas, while also boosting the number of development staff at the startup.
“Yuuwa holds a minority equity stake in Filter Squad and Matthew Macfarlane is a Director on the Board,” a note on Yuuwa Capital’s website read today, with Matthew Macfarlane a Yuuwa Capital co-founder and Investment Director.
It’s not the first round of funding secured by Filter Squad, nor is it the first to be made in the company by Yuuwa Capital. As noted by VentureBeat, in January this year Yuuwa invested $200,000 in the company.
Prior to its investment in FilterSquad, Yuuwa Capital had made significant investments in two other local West Australin startups including iCetana, a software tool developed by Curtin University that it says can detect abnormal behaviour in large crowds of people using CCTV footage, and Agworld, an online solution that links data management and capture between agricultural businesses in the region.