Alternative app store AltStore raises $6M and connects with the fediverse, expanding its open app ecosystem beyond the EU.
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AltStore Raises $6M, Expands To The Fediverse Alternative App Store AltStore Raises $6M, Connects With The Fediverse Alternative app store AltStore raises $6M, connects with the fediverse — marking a major step in reshaping how apps are distributed and shared across the open web. The platform, known for challenging Apple’s App Store monopoly in the European Union, is now linking its ecosystem with the fediverse — a decentralized social web that includes platforms like Mastodon and Threads. Image Credits:AltStore founders Riley Testut and Shane Gill AltStore’s Big Funding Round AltStore has officially closed a $6 million Series A round led by Pace Capital , giving the venture firm a 15% equity stake in the company. This marks AltStore’s first external funding round and signals investor confidence in the rise of alternative app marketplaces. Flipboard CEO Mike McCue , a well-known advocate for the fediverse, will also be joining AltStore’s board to help guide its next phase of growth. Expanding Beyond The EU The company’s founders, Riley Te…
