Apprenda Closes $16M in Series C Financing

Funding Rounds

Summary

Apprenda, a Cliffside Park, NY-based provider of PaaS solutions, closed $16m in Series C financing.The round, which brought the company’s total financing to date to $32m, was led by Safeguard Scientifics with participation from existing investors Ignition Partners and New Enterprise Associates.Founded in 2007 by Sinclair Schuller, CEO, Apprenda provides a PaaS solution that enables enterprise software development in public, private and hybrid clouds.With Apprenda, enterprises can deliver an entire ecosystem of data, services, applications and APIs to both internal and external customers across any infrastructure.Customers include JP Morgan Chase, AmerisourceBergen, Dell, Honeywell, and Symantec.

$ Funding

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Amount $16.0M Total raised
Date November 20, 2013 Announcement date
Investors Apprenda, New Enterprise Associates Lead investors
Company http://www.apprenda.com Funded company

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Networking and Cloud

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