Verious

Verious

closed

Anil H.P. Pereira - Silicon Valley, Salt Spring Island, CEO, Verious and Senior Advisor to Startups, B. Mgt. U. Lethbridge (Great Distinction); Wharton MBA | about.me.

HQ location
San Carlos, United States
Launch date
Enterprise value
$3—5m
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Verious, founded by Anil Pereira in 2011, operated as a marketplace for mobile application components. The San Carlos-based company aimed to serve the growing community of mobile app developers by providing a centralized platform to license pre-built and pre-tested software libraries.

The business model was centered around enabling developers to accelerate their work and enhance their applications. Verious offered components for a range of operating systems, including iOS, Android, HTML5, and Windows Phone. The platform facilitated access to third-party content and aimed to help developers increase their in-app monetization. Revenue was likely generated through licensing fees for the components available on the marketplace.

A key feature of the service was its patent-pending 'MobileCode Wrapper'. This technology was designed to give component publishers control over their intellectual property by enabling copy-protection and metered usage. This allowed for flexible licensing models such as annual fees, perpetual licenses, volume-based pricing, and even source code buyouts. In September 2011, Verious secured $800,000 in a seed funding round. Despite its initial traction, the company is now considered deadpooled.

Keywords: mobile app components, marketplace, software libraries, app development, Anil Pereira, iOS components, Android components, HTML5 components, Windows Phone components, SDK marketplace, code licensing, MobileCode Wrapper, pre-built libraries, app monetization, developer tools, software components, tech startup, San Carlos, deadpooled startup

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