When
Xtreme Labs announced this week that it had reached the milestone of 10 million downloads for their BlackBerry apps, it came as no surprise to anyone who's been following the explosive growth of the local mobile-phone application innovation business. Founded in 2007 by Sundeep Madra and Amar Varma as the largest company in the portfolio of their $10 million venture capital fund
Extreme Venture Capital, the company has already developed over 100 mobile apps.
In that time too, the company has also gone from the original two to 50 employees, an astonishing 2500 per cent growth in their staff. The company has what it calls a "dynamic work environment" designed to foster innovation, in which developers work in pairs together in a large room with all the company's other developers. It counts Microsoft, NBA Digital, Accuweather and Urban Spoon among its client list.
Company founder Sundeep Madra says that popularity for mobile devices and the apps that go with them is only increasing, and his company sees further growth on the horizon -- especially as it sets its sights on the latest development in mobile computing, the iPad. "We see the iPad as a growth platform not just for Apple, but for us as well," he said in a statement.
Writer: Edward Keenan
Source: Sundeep Madra, Xtreme Labs
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