Apprenda Lands $24,000,000 New Financing

  • Feed Type
  • Date
    7/21/2015
  • Company Name
    Apprenda
  • Mailing Address
    3 Corporate Drive Clifton Park, NY 12065 USA
  • 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.
  • Website
    http://www.apprenda.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $24,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Apprenda will use the funding to further the adoption of its enterprise PaaS. The company will also use the funding to aggressively hire new members for its engineering, product, client services and sales teams.
  • M&A Terms
  • Venture Investor
    Safeguard Scientifics
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    Ignition Partners

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