Appcelerator adds $3 million to Series C from Presidio Ventures
Mobile app development platform Appcelerator has added an additional $3 million in funding from Presidio Ventures to its Series C round, reports The Next Web.
The developer’s most recent round of funding was a $16 million venture round that closed on Feb. 24. In total, the company has now raised more than $51.5 million in venture capital from the likes of Storm Ventures, Translink Capital and Relay Ventures.
According to a statement provided to The Next Web by Appcelerator co-founder and CEO Jeff Haynie, the company will use the funding and its new connection to Presidio Ventures — the venture capital arm of Japan’s Sumitomo Corporation — to expand its business in Japan and the Asia Pacific region.
Last month, Appcelerator launched the latest version of its mobile app development platform, Titanium 2.0
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