AppDirect, a San Francisco, CA-based cloud service marketplace company, has raised $8.5m in Series A funding.
The round was led by iNovia Capital with participation from existing investors.
The company intends to use the funding to grow as it launches an increasing number of partner marketplaces around the globe.
Led by Daniel Saks, President and Co-CEO, AppDirect offers a cloud service marketplace and management platform that powers a global network of branded application stores. Service providers can use the white-label AppDirect platform to broker cloud services and launch a fully branded marketplace within weeks. Developers can use the platform to integrate once and make their software available across multiple partner marketplaces around the world.
The company powers the marketplaces of trusted companies around the globe including Deutsche Telekom, Rackspace, Bell Canada, Appcelerator, etc.