Leena Rao is currently working as a writer for TechCrunch. She recently finished graduate school of the Medill School of journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007 she helped lead efforts for advocacy and community relationships Congressman Carloyn Maloney in New York. She graduated from Columbia University in 2003 where it was ... ? Read More
iSwifter, the iPad app that allows Flash developers to stream games for the tablet device, announces revenue for 2011 will be for $ 10 million. It's impressive considering the company is only a year ago.
As we wrote in the past, the iSwifter enables users to view, play, and the speed of Flash games from gaming portals (like Facebook) online, with each game, optimized for the iPad. Actually run from the incubator YouWeb spun last year. With Flash iSwifter not run on the device, but it is for tablet as Netflix movie or YouTube videos.
The company makes money from the subscription model for monthly games in which users pay $ 4.99 for unlimited access to Flash social games on Facebook and MMOs. And the company has recently revealed that 500 000 people games almost 2000 Facebook using iSwifter.
In fact, iSwifter came to the conclusion that many users (20 per cent) are willing to pay for a free games if they can play the iPad. Hundreds of thousands of users iSwifter spent millions of minutes on Facebook with nearly half make purchases in the App.
iSwifter staff up engineering talents. Ajit Maya, former Senior Director of engineering at VMware; Lucian Masalar, architect of eBay and Pankaj Kumar, previously at Microsoft; combine all of the development team of the firm.
iSWiFTER is the industry's first cloud-based Flash game streaming service, specially built for mobile devices, including smartphones and tablets, covering mobile platforms such as Apple iOS and Android.
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