Appfire Raises $49M in First Institutional Funding

Funding Rounds

▤ Summary

Appfire, a Boston, MA-based provider of apps for software development teams, raised $49M in strategic funding. As part of the transaction, Rao and Lyndsay Kerwin, Vice President at Silversmith, joined Appfire’s Board along with Randall Ward and Mat Gauvin, Appfire’s co-founder and COO. The company intends to use the funds to expand its cloud-based product offerings and support strategic acquisitions of complementary apps. Led by CEO Randall Ward, Appfire is a provider of apps for software development teams including Bob Swift, Feed Three, and Wittified brands, which help teams at companies like Google, Amazon, and Starbucks streamline product development through improved collaboration, security, reporting, and automation. Its portfolio of 60+ apps are used by thousands of enterprises to enhance collaboration tools like Atlassian’s Jira Software and Confluence.

$ Funding

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Amount $49.0M Total raised
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Date June 9, 2020 Announcement date
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Investors Appfire Lead investors
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Company http://www.appfire.com Funded company

▥ Classifications

industries
No industries detected
applications
Business Intelligence

◇ AskAI Classifications

Labels
Software Products SaaS Atlassian Ecosystem Apps

▦ Linked Companies

Appfire
$1M to $5M