SecureMe scans your Android phone for publicly known vulnerabilities

From the talk they are doing about this at AppSecUSA (http://sched.co/3VgM):

    The only information which gets accessed and transmitted are listed below:

        1. Application Name
        2. Application Package Name
        3. Application Version Number
        4. Application Version Name
        5. SecureMe – Droid Search Depth setting (1-5 only)
        6. SecureMe – Droid Vulnerability Details settings (1 or 0)

You aren't sending anyone your APKs. The application exists to make searching Mitre's CVE database more convenient and automagic.

The developers are security consultants at Security Compass. The application is hosted in Montreal, Canada. (I work there as well, and can ask them to add an FAQ about this this stuff.)