Tuesday, September 10, 2013

AppDirect Raises $9M And Acquires Standing Cloud, An App Packaging Company

AppDirect has raised $9 million and is announcing the purchase of Standing Cloud, a Foundry Group investment. With the acquisition, Foundry Group is now the lead investor in AppDirect, which develops apps marketplaces for companies. iNovIa Capital also participated in the Series B investment, which brings the app marketplace’s total investment to $20.8 million.


Source article:


AppDirect Raises $9M And Acquires Standing Cloud, An App Packaging Company


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via Arne Ruhnau News http://arneruhnau.com/appdirect-raises-9m-and-acquires-standing-cloud-an-app-packaging-company/

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