US-based mobile app security and management technology developer Apperian closed a $12m series C round yesterday featuring Intel Capital, semiconductor producer Intel’s corporate venturing unit.
The round also included growth equity firm First Floor Capital, venture capital firms Bessemer Venture Partners, Kleiner Perkins Caufield & Byers and North Bridge Venture Partners, and seed fund CommonAngels Ventures.
Founded in 2009, Apperian’s platform allows businesses to distribute specialist secure apps to employees for work, thereby avoiding the need to hand out mobile devices to them. The funding will support company growth and platform innovation.
Apprian raised $23.4m from North Bridge Venture Partners, Kleiner Perkins Caufield & Byers’ iFund, Bessemer Venture Partners, LaunchPad and Common Angels across its seed, series A and B rounds before Intel took its total funding up to $28m with a strategic investment in 2013.