Finovate | November 20, 2013

Apprenda Raises $16 Million in Series C Funding

By Julie Schicktanz on November 20, 2013 8:50 AM

Enterprise Platform-as-a-Service provider, Apprenda,announced it has raised some major funding today. The New York-based company raised $16 million in a Series C round from three investors.

Safeguard Scientifics led the round, and existing investors Ignition Partners and New Enterprise Associates also contributed.


While Apprenda’s customer list already includes 13 of the world’s top 20 banks, as well as a number of Fortune 500 companies, it plans to use the round to further increase adoption of its Platform-as-a-Service.

The new round brings Apprenda’s total funding to $32 million.

Apprenda debuted at FinovateFall 2013. Check out its demo video here.