Appcelerator adds $3 million to Series C from Presidio Ventures

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By Kathleen De Vere Comment

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 and unveiled its new cloud service offerings. Developers who work with Appcelerator can now create native iOS, Android and web apps, while using the company’s cloud services to incorporate pre-built APIs for common cloud features like photo storage and sharing, push notifications and chat.

So far, more than 300,000 mobile developers have registered with Appcelerator and have used the company’s platform to build over 40,000 apps.