AppDirect Secures $140,000,000 Series E Funding

  • Feed Type
  • Date
    10/7/2015
  • Company Name
    AppDirect
  • Mailing Address
    650 California St. 25th Floor San Francisco, CA 94108 USA
  • Company Description
    Our Business Application Network allows businesses to easily find the perfect software solution for their needs through our application marketplaces. Businesses can now benefit from one bill for all their applications and one portal to manage and use them. This allows greater integration, ease of use and security for application management.
  • Website
    http://www.appdirect.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $140,000,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    With its global team, AppDirect can serve its growing customer base across more than 25 countries, including rapidly expanding presence in Europe and Asia. With the new capital, AppDirect will continue to invest in capabilities that further the vision of making it easy for businesses to seamlessly manage multiple applications and services. AppDirect plans to innovate on its core platform—which consists of catalog management, identity management, subscription billing and data management—to help businesses increase productivity and drive IT efficiency.
  • M&A Terms
  • Venture Investor
    JPMorgan Chase Bank
  • Venture Investor
    Foundry Group
  • Venture Investor
    Mithril Capital Management
  • Venture Investor
    iNovia Capital

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