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Appvance Accepts Equity Venture Capital

Friday, February 26, 2016 5:00:00 AM PDT | VentureDeal



San Jose, California  --  Mobile performance technology company Appvance has secured $4.9 million in new equity venture capital funding, according to an SEC regulatory filing.

Appvance's software and services enable developers, IT managers and brand executives to be confident their apps will perform even under the stress of going viral.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

A total of 19 investors participated in the offering.

Appvance is still seeking $1.4 million in additional financing, according to the filing.

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