$9M for Appcelerator

Wade Roush10/27/10

Appcelerator, a startup in Mountain View, CA, that helps Web developers adapt their software for mobile platforms, said yesterday that it has closed a $9 million Series B financing round. Sierra Ventures led the round, with strategic investor eBay also chipping in, along with existing investors Storm Ventures and Larry Augustin. The company also announced that its Titanium e-commerce tools will be integrated with PayPal’s own mobile payment software, allowing merchants who use PayPal to more easily integrate payments into their mobile apps.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @