Appirio, a global cloud services company, announced today that it has secured $35 million in a Series E funding round led by Fidelity Management & Research Company. The company also hired Alex Castro as its new Chief Technology Officer. The new funds will be used to further expand Appirio’s cloud and enterprise crowdsourcing services globally and to increase investment in the Appirio Services Platform.
Appirio is a global cloud consulting firm that helps customers achieve results in weeks, not years, by harnessing the power of the world’s top talent.
Prior to Appirio, Alex Castro was Vice President of Product for the cloud-based data and analytics platform of Electronic Art. He was also a member of the Amazon Web Services (AWS) team, where he led the effort to launch Amazon’s crowdsourced marketplace, Mechanical Turk. He was a founding member of Microsoft’s CRM team and CEO and founder of Delve Networks, a provider of cloud online video platforms. Alex’s new role at Appirio focuses on building a next-generation service platform that will enable partners and customers to have direct, on-demand access to Appirio’s cloud expertise, pre-built solution accelerators and a global community of designers, developers and data scientists.
‘We’re excited to have Fidelity as an investor and Alex on board to help take our vision and differentiation to the next level,’ said Chris Barbin, CEO of Appirio. ‘Traditional consulting models haven’t changed much in the last 20 years. They have become unnecessaryly complex and have not kept pace with today’s cloud economy. Appirio offers a radically different approach to solving business problems This new funding validates our leadership position and our track record on the market. ”
According to Gartner, over 75% of high-performing companies will use some form of crowdsourcing for business process services in the next three years. Combined with a steady increase in the adoption of public cloud services solutions, crowdsourcing is on its way to radically and permanently transforming traditional information technology infrastructures. Appirio aims to help companies solve business and technology problems in new and compelling ways by combining conventional practices with a new concept of ‘utility services.’ ”
Founded in 2006, Appirio has offices in five countries-the United States, the United Kingdom, Ireland, Japan and India-with a workforce of nearly 1,200 employees. The company has become a leading cloud pioneer partner, has moved more than four million users to the public cloud, and has built a thriving community of more than 750,000 of the world’s leading developers, designers and data scientists.
For more information on Appirio’s relevant news, please read:
Making topcoder the top destination for crowdsourced design, development and analytics, Chris Barbin, CEO of Appirio
We’ve been expanding in Dublin!, Tim Medforth, Appirio International SVP
About the Appirium
Appirio is a global service company that helps customers innovate and win the new cloud economy. As a leader in enterprise crowdsourcing, we deliver unmatched customer value by combining the world’s top talent with a unique cloud service platform. Our platform leverages the power of one of the world’s largest crowdsourcing communities, thousands of assets ready to deploy, and leading cloud, industry, and technical experts to help our customers drive competitive advantage. Appirio is a trusted partner of some of the world’s largest brands, including Cardinal Health, Coca-Cola, eBay, Facebook, Georgia-Pacific, Home Depot, Moen, and Sony Playstation.
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