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Appcelerator Accelerates With Series A Funding

Tuesday, July 22, 2008 5:39:00 AM PDT | VentureDeal Staff

Atlanta, Georgia -- Software company Appcelerator has raised $4.14 million in its first round of venture capital financing, according to a report in PE Hub.

Appcelerator is developing software that helps programmers speed up application development for Rich Internet application and service oriented architecture software.

Storm Ventures made the investment.  The company did not disclose how it would use the financing proceeds.

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