Appcelerator Garners $15,000,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9322d86-213a-4375-aaac-561bdf1a103c&Preview=1 -
Date
10/31/2012 -
Company Name
Appcelerator -
Mailing Address
440 N. Bernardo Ave Mountain View, CA 94043 -
Company Description
Appcelerator is an open source platform for building rich web applications. Appcelerator, Inc. is a silicon valley venture funded company located in Mountain View, California.
Appcelerator was started in 2006 by software veterans Jeff Haynie and Nolan Wright. Haynie and Wright set out to make building rich web applications faster and cheaper by using a better set of technologies, a new architecture called Service Oriented UIs (or SOUI), and an agile methodology for rapid prototyping called Interactive Use Cases. -
Website
http://www.appcelerator.com -
Transaction Type
Venture Equity -
Transaction Amount
$15,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Appcelerator will use the new cash to branch its offerings by adding HTML5 Web app development to its framework, increase its sales staff and fuel international expansion. -
M&A Terms
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Venture Investor
Red Hat -
Venture Investor
Translink Capital -
Venture Investor
Mayfield Fund
