Appcelerator, provider of the leading enterprise mobile engagement platform, today announced a $22 million Series D funding round led by new investor Rembrandt Venture Partners. Union Grove Venture Partners, also a new investor, and existing investors Storm Ventures, Sierra Ventures, Mayfield Fund, Translink Capital, Relay Ventures and EDB Investments also participated in the roundtable. Appelerator will use funding to increase growth and accelerate the adoption of its technology
The Appcelerator Platform enables companies to build, analyze and connect mobile app suites quickly and efficiently. As companies of all sizes look to mobile devices to boost productivity and engage employees and clients alike, Appcelerator has seen a major adoption of its platform, adding more than 125 new customers in the past year, including Avis, Comerica Bank, Family Dollar and Sprint.
‘The choice for us to invest in Appcelerator was clear; no other company has such a complete set of capabilities to enable companies to build and scale up a mobility program,’ said Douglas Schrier, Managing Partner at Rembrandt Venture Partners. ‘Many successful brands are already relying on Appcelerator for enterprise-wide mobile app initiatives and, as more and more companies put mobile at the top of the corporate agenda, Appcelerator has a tremendous opportunity to lead the way forward. Appcelerator has a vision, a passion and a team to power a mobile-first approach to any organization. ”
Mobile apps are now the primary means by which people can access information, make purchases and get their jobs done. As users move from desktops to smartphones and tablets all over the place, companies are realigning their digital strategies and the underlying tools and infrastructures to make these strategies a reality. Appcelerator Platform seamlessly expands enterprise infrastructures for the mobile world, combining native cross-platform app development and testing capabilities with data mobilization and success measurement innovations through real-time mobile analytics.
‘Mobile changes the way every organization interacts with its users and delivers services, and we want to give every company the tools to unlock the power of mobile to grow its business and remain competitive,’ said Jeff Haynie, CEO of Appcelerator. ‘Our platform addresses the major challenge that businesses face in the post-web world: how to build a full suite of high-impact mobile apps quickly and on a scale. Working with Rembrandt Venture Partners and Union Grove Ventures will enable us to deliver our platform functionality across a wider set of companies and build on our reputation for highly successful customer implementation. ”
About the Applicator
Mobile apps quickly replace web applications as the way we buy, share, search, learn and collaborate. Appcelerator helps companies solve this new reality with a mobile engagement platform that drives great mobile app experiences quickly and on a scale. Appcelerator Platform speeds up time on the market with native cross-platform app development & testing, simplified access to data via mobile-optimized APIs, and comprehensive real-time analytics to enable user engagement and measure success. Appcelerator also provides Titanium, an award-winning open source mobile development environment. With more than 70,000 mobile apps deployed on 225+ million devices, Appcelerator’s solutions are supported by the world’s largest mobile ecosystem, including more than 600,000 mobile developers and hundreds of ISVs and strategic partners, including Accenture, Cognizant and CSC. Over 70% of Fortune 100 companies rely on Appcelerator for their mobile success.
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