Friday, April 11, 2014

AppDirect Finds $35M For Cloud Marketplace

AppDirect, the developer and operator of an online marketplace for cloud services which has operations in Boulder, said Thursday that it has raised $35M in a Series C funding round. The round as led by Mithril Capital Management, and also included iNovia Capital, the Foundry Group, and StarVest. AppDirect is based in San Francisco, but has operations in Boulder thanks to its acquisition back in September of Boulder's Standing Cloud. That deal also made Foundry Group an investor in AppDirect. More information »