AppDirect secures $9 mln Series B financing led by iNovia Capital
San Francisco-based AppDirect Inc., a cloud service marketplace company, has raised US$9 million in Series B funding. The round was led by Canadian venture capital firm iNovia Capital, which has invested in AppDirect since 2012. The company's other investors include Stingray Digital Group, a Montréal-based provider of multiplatform music services that is backed by Novacap and Telesystem. Concurrent with the funding news, AppDirect announced its buy of Boulder, Colorado-based Standing Cloud Inc., a provider of cloud management services backed by Foundry Group.
10 September 2013•4 mins read
