Mendix, a Boston, MA-based app platform company for the enterprise, closed a $25m Series B funding.
The round was led by Battery Ventures, with participation from existing investor Prime Ventures.
The company intends to use the funds for global expansion, product development and sales efforts.
Led by Derek Roos, CEO and co-founder, Mendix provides an app platform (Mendix 5) for companies to build, integrate and deploy web and mobile applications faster than traditional development methods via features that accelerate delivery.
It is used by large enterprises worldwide, including ABN Amro, Sprint, Dun & Bradstreet, Genzyme, KPN, Liberty Mutual, LV=, Roche and TNT.
Mendix has offices in Rotterdam, the Netherlands, United Kingdom, and South Africa.
31/10/2011: Mendix Closes $13M Series A Financing