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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a870cabf-11d8-46bc-aaf1-74245e34f448&Preview=1 -
Date
2/25/2009 -
Company Name
Appirio -
Mailing Address
900 Concar Drive San Mateo, CA 94402 -
Company Description
Appirio delivers products and services that help companies more successfully adopt on-demand business solutions (sometimes known as “Software as a Service”).On-demand software is transforming the enterprise. More than ever, companies of all sizes are deploying solutions like Google Apps or Salesforce.com instead of installing and maintaining their own on-premise applications. Appirio guides our customers through implementation and integration of on-demand enterprise applications to help them realize the benefits of Software as a Service– no maintenance, easier configuration, higher reliability, and wider adoption.
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Website
http://www.appirio.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The funds will be used to further invest in product development, go-to-market strategies and services to help businesses confidently move to cloud computing. -
M&A Terms
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Venture Investor
GGV Capital -
Venture Investor
Sequoia Capital