Appcelerator, a Mountain View, CA-based provider of an enterprise mobile engagement platform, raised $22m in Series D funding.
The round was led by new investor Rembrandt Venture Partners with participation from new backer Union Grove Venture Partners and existing investors Storm Ventures, Sierra Ventures, Mayfield Fund, Translink Capital, Relay Ventures and EDB Investments.
The company intends to use the funds to increase growth and accelerate adoption of its technology.
Led by Jeff Haynie, CEO, Appcelerator provides a platform that enables companies to build, analyze and connect suites of mobile apps. It combines native cross-platform app development and testing capabilities with features to mobilize and measure data via real-time mobile analytics.
The company, which also provides an open source mobile development environment, Titanium, counts over 70,000 mobile apps deployed on 225+ million devices.
FinSMEs
25/08/2014