Apprenda Garners $16,000,000 Series C Financing

  • Feed Type
  • Date
    11/20/2013
  • Company Name
    Apprenda
  • Mailing Address
    3 Corporate Drive Clifton Park, NY 12065
  • Company Description
    Apprenda is the pioneering developer of a general purpose platform for SaaS applications that focuses on smashing the cost and technical barriers associated with building enterprise grade SaaS applications, making SaaS accessible as a distribution model to software vendors across the globe. Our goal is abolish the notion that the adoption of SaaS has to disrupt the business of software.
  • Website
    http://www.apprenda.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Apprenda will use the funding to accelerate adoption of its private Platform as-a-Service.
  • M&A Terms
  • Venture Investor
    Safeguard Scientifics
  • Venture Investor
    Ignition Partners
  • Venture Investor
    New Enterprise Associates