Apprenda has raised $10 million in series B round of venture capital funding. The investment round was led by Ignition Partners, while existing investors New Enterprise Associates and High Peaks Venture Partners also participated.
The company intends to use the proceeds to speed up the product roadmap, while also expanding marketing and sales for Apprenda’s innovative private platform as a service and framework. Frank Artale, managing director at Ignition, will be joining Apprenda’s board of directors.
Click here for the release from Business Wire.