Intel Capital Jumps on Apperian Express, Now With $28M in Tow

Apperian continues to evolve in a complex, changing mobile world. Today the Boston-based app platform and management startup says it has raised new money from Intel Capital. The strategic investment—about $4 million, by my count—should help Apperian ramp up sales and marketing to more enterprises that are dealing with the IT onslaught of BYOD (bring your own device).

What’s at stake with Apperian could be the future of mobile security and management at the application level, rather than just the device level. That’s an extension of Apperian’s previous focus on building a platform for enterprise app creation and distribution. Big banks, insurance companies, and real estate firms have to deal with securing thousands of employees’ mobile devices and data, as well as creating, deploying, and managing apps on those devices. Apperian is trying to be a one-stop shop for handling all those concerns.

It’s a big challenge, though. Apperian seems to be doing fine, with self-reported growth in revenues and customers in 2012. CEO David Patrick told me in September that the firm was going through a big transition with its sales and marketing team, stepping up its efforts to land big customers. “We’ll be well set up for 2013,” he said at the time.

The company has raised a total of $28 million since its founding in early 2009, led by venture investors Bessemer Venture Partners, Kleiner Perkins Caufield & Byers, and North Bridge Venture Partners. Intel Capital could be an interesting strategic partner for the startup, especially as chipmaker Intel moves deeper into mobile devices for its core business.

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.