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November 1, 2011 11:00 am GMT
Appcelerator, makers of the popular mobile cloud development platform Titanium, has raised $15 million in Series C funding in a round led by Mayfield Fund, Translink Capital and Red Hat. Existing investors eBay, Inc., Sierra Ventures and Storm Ventures also participated in the round.The additional funding will be used to expand Appcelerator's Titanium product line, with an emphasis on adding HTML5 mobile Web capabilities to its offerings. It will also help the company expand operations in Europe and Asia.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QGL4c8ZOtxc/
Appcelerator Raises $15 Million Series C Round
Appcelerator, makers of the popular mobile cloud development platform Titanium, has raised $15 million in Series C funding in a round led by Mayfield Fund, Translink Capital and Red Hat. Existing investors eBay, Inc., Sierra Ventures and Storm Ventures also participated in the round.The additional funding will be used to expand Appcelerator's Titanium product line, with an emphasis on adding HTML5 mobile Web capabilities to its offerings. It will also help the company expand operations in Europe and Asia.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QGL4c8ZOtxc/
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