News Summary

• Third-party app store AltStore is preparing to connect its platform with the open social web known as the fediverse.
• The move would connect users on other open social apps, like Mastodon or Meta’s Threads, with updates from their favorite apps in a new way.
• In addition, the startup is announcing its first funding round from outside investors, with a $6 million Series A from Pace Capital.
• The deal gives the venture firm a 15% equity stake in AltStore and will allow the company to hire a team beyond its co-founders, Riley Testut and Shane Gill.