Apprenda Garners $10,000,000 Series B Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0062b486-4c27-4128-b630-701fabb74374&Preview=1 -
Date
8/9/2011 -
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
$10,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The new capital will be used to accelerate the product roadmap, while also expanding marketing and sales for Apprenda’s innovative private PaaS and framework. -
M&A Terms
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Venture Investor
Ignition Partners -
Venture Investor
New Enterprise Associates -
Venture Investor
High Peaks Ventures
