Platform-as-a-Service Startup Mendix Pockets $13M Series A
Erin Kutz10/31/11Comments (1)Follow @erkutz
[Updated 10/31/11 10:00 am. See below.] Mendix, a Boston-based developer of software platforms enabling business customers to develop, deploy, and manage applications, has announced its Series A round of funding. The $13 million financing was led by growth equity firm Prime Ventures, with participation by Mendix seed investor HENQ Invest. [Paragraph and headline updated because originally reported amount fluctuated due to the the value changes of the Euro, the currency the financing was based in.]
Mendix says it released its technology, which provides an alternative to custom mobile, cloud, and Web application development for companies, in 2007. The announcement says Mendix has attracted customers such as GE, Genzyme, and TNT. The newest Mendix funding will support the company’s international expansion and increasing its global sales staff. Prime Ventures partner Roel de Hoop will join the Mendix board as a result of the Series A deal.
Erin Kutz is an Associate Editor for Xconomy. You can reach her by e-mail at ekutz@xconomy.com or by phone at (617) 252-0700, or follow her on Twitter at @erkutz.
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10/31/11 5:59 am
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