Appcelerator Collects $1.3M

1/25/11

Lost in the news today about an Appcelerator-sponsored study of business mobile application development trends was a regulatory filing indicating that the Mountain View, CA-based company has raised $1.3 million in new equity-based financing, in a round that could total as much as $3 million. Previous Appcelerator investors, who most recently contributed $9 million in an October 2010 Series B round, include Storm Ventures, Sierra Ventures, and strategic investor eBay. The company makes software engineering tools designed to speed development of applications intended for mobile, desktop, and Web platforms.

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 @

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