Deal Announcements

AppDirect Adds Series B Venture Capital Investment

Wednesday, September 11, 2013 5:32:00 AM PDT | VentureDeal

   San Francisco, California  --  Mobile technology company AppDirect has secured $9 million in its second round of institutional venture capital funding.

AppDirect has created what it calls a "Business Application Network" that enables businesses to find the best software solution through their application marketplaces.

iNovia Capital led the round, which included other undisclosed investors.

The company did not say how it would use the funding proceeds, however it announced the acquisition of Standing Cloud concurrent with the financing announcement.

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