Appistry, a St. Louis, MO-based developer of cloud solutions, has raised $12 million in funding in a Series D round led by private equity firm eXome Capital.
Stuart Mill Capital and other private and existing investors also participated.
The round, which includes term debt, pushes the total of capital raised by Appistry to over $34 million.
Appistry’s flagship CloudIQ Platform applies cloud architectures to ‘big data’ challenges. The solution, which is designed to support data-intensive and analytical applications used by enterprises, basically enables Appistry’s clients to rapidly turn raw data into actionable intelligence.
Appistry customers include FedEx, GeoEye, State Street Bank, Lockheed Martin and multiple US government agencies.
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