Mobile App Firm Apperian Sold to Arxan as Security Demand Grows

General News

Summary

Apperian was founded in 2009 by Chuck Goldman, who previously spent eight years as Apple’s senior director of enterprise professional services. But Apperian says it has enabled more than 2.5 million enterprise app installations to date, and its number of end users has increased by more than 180 percent in the past two years. “One of the things we’ve realized over time is in the enterprise mobility space, more and more of the buying decision has been focused on security,” Lorion says. Arxan has more than 100 employees, Lorion says, and is owned by the private equity firm TA Associates, which acquired a majority stake in 2013. “I don’t know the deal specifics so I cannot comment on the financial aspects of the acquisition, but I am happy that we were able to create over 75 jobs in Boston and attract some of the very top local talent and from my ecosystem at Apple,” Goldman wrote in an e-mail.

Classifications

industries
Fintech & Banking
applications
Web and Content Management

AskAI Classifications

Labels
Content Marketing Software SaaS Web Analytics

Linked Companies

Arxan Technologies
$10M to $25M
Apperian
$1M to $5M
Shareaholic
$1M to $5M