App manager AppCarousel acquired by VC-backed AppDirect
AppDirect, which earlier this year raised a US$50 million financing, has acquired AppCarousel for an undisclosed price. AppCarousel is a Calgary-based app management platform for connected cars and fleets, smartphones, smart screens, tablets, and other connected devices. AppDirect said the deal will support its mobile business and enhance its Internet of Things capabilities. Founded in 2011, AppCarousel is an affiliate of Wmode Inc, a portfolio company of Canadian specialty finance firm Wellington Financial and other investors. Based in San Francisco, AppDirect, which last year opened an office in Montréal, is backed by Canadian venture capital firm iNovia Capital and other investors.
24 September 2015•3 mins read
