Appcelerator Obtains $12,100,000 New Funding Round

  • Feed Type
  • Date
    7/16/2013
  • Company Name
    Appcelerator
  • Mailing Address
    440 N. Bernardo Ave Mountain View, CA 94043
  • Company Description
    Appcelerator is an open source platform for building rich web applications. Appcelerator, Inc. is a silicon valley venture funded company located in Mountain View, California. Appcelerator was started in 2006 by software veterans Jeff Haynie and Nolan Wright.
  • Website
    http://www.appcelerator.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,100,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Appcelerator will use the new capital to fuel its explosive market momentum with major enterprises; to develop its cloud and platform business by investing further in product development, sales, support, channels and potential acquisitions; as well as to expand globally. The company will build on its existing global footprint by setting up an Asia Pacific headquarters in Singapore.
  • M&A Terms
  • Venture Investor
    EDB Investments
  • Venture Investor
    The Social Internet Fund
  • Venture Investor
    Mayfield Fund
  • Venture Investor
    Translink Capital
  • Venture Investor
    Sierra Ventures
  • Venture Investor
    Storm Ventures
  • Venture Investor
    Relay Ventures
  • Venture Investor
    eBay
  • Venture Investor
    Red Hat