AAA Appcelerator speeds up financing

Appcelerator speeds up financing

Appcelerator, the US-based provider of a web development platform, has raised $16m in series D financing from unnamed investors, one new and one existing, according to finance news website Dow Jones VentureWire, on Friday.

Appcelerator had previously raised $31.5m from ecommerce company eBay, software company Red Hat, venture capital firms Sierra Ventures, Storm Ventures, Translink Capital and Mayfield Fund, as well as angels Larry Augustin.

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