Cycloramic hits top of App Store after Shark Tank appearance, $500k investment & 100k downloads in an hour

What happens when your app gets featured on ABC’s Shark Tank, the TV show where rich investors listen to pitches from wannabe entrepreneurs looking to raise funds? For app developers Egos Ventures it means shooting up hundreds of spots on the App Store charts to become the top paid app in the store overnight. The developers behind the hands-free panorama app called Cycloramic were able to capture a $500k investment from two of the Sharks on last night’s episode. We spoke to the developer who appeared on the show last night, Bruno Francois, to find out a little about the experience and get some stats on downloads following the investment. Read more

The No. 1 app on iOS and Android is OMGPOP’s ‘Draw Something’

Pictionary-like drawing game “Draw Something,” developed by OMGPOP, has quickly become one of the hottest mobile apps for both of the industry’s leading platforms. A few days ago, the developer told TechCrunch it reached 25 million registered users, 10 million active daily users, and close to 1 billion paid ad impressions every day. That is just over 5 weeks after launching. With even more press following reports that Zynga is in talks to acquire developer OMGPOP, the app is continuing to climb app charts in both the App Store and on Google Play.

Currently the app sits at No. 1 in both stores as the No. 1 Top Paid and Top Free iPhone app in the App Store, and the No. 1 Top Free app on Google Play. The app is also currently the No. 1 Top Free iPad app in the game category and in the Top 5 of many other charts in over 80 countries. It looks like the company might get picked up by Zynga, which is not surprising, because a gain of 3.5 million daily users over the last week saw Draw Something take over Zynga’s “Words With Friends” as the most popular Facebook Connect game, according to AppData.

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