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September 10, 2013 11:09 pm GMT

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

appdirectlogoAppDirect 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. iNova Capital also participated in the Series B investment that brings the app marketplace's total investment to $20.8 million.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OjixZ0twvFs/

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