Appcelerator Raises $15M in Third Round of Funding

Appcelerator, a Mountain View, CA-based integrated mobile platform for developing native and HTML5 mobile web applications using open web technologies, has raised $15m in its third round of funding.

The round was led by Mayfield Fund, Translink Capital, and Red Hat, with participation from existing investors eBay Inc., Sierra Ventures, and Storm Ventures.

The company intends to use the funds to expand into Europe and Asia as well as to continue to invest in its mobile development platform, Appcelerator Titaniumâ„¢, which enables fully native, cross-platform mobile app and HTML5 web development, from a single codebase.

Last week, the company acquired Particle Code to add HTML5 mobile web and gaming capabilities to the platform (read here).
Appcelerator plans to open a UK office in the first quarter of 2012, and is working with Translink to enter Japan, Korea, and Greater China.

Led by CEO Jeff Haynie, Appcelerator is used by over 1.6 million developers powering over 30,000 cloud-connected mobile, desktop, and web applications used on 30 million devices every day.

FinSMEs

01/11/2011

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