Apprenda Garners $10,000,000 Series B Financing

  • Feed Type
  • 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
  • Venture Investor
    Ignition Partners
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    High Peaks Ventures

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