General Atlantic And Sequoia Put $60M In Enterprise Cloud Consultancy Appirio

Leena Rao

Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

Wednesday, March 14th, 2012
appirio

Cloud solution provider and consultancy Appirio is announcing $60 million in new funding led by private equity firm General Atlantic, with participation from existing investors Sequoia Capital and GGV Capital. This brings Appirio’s total investment to over $70 million. Previous investors include Salesforce.

Appirio works with organizations such as Facebook, NYU, Thomson Reuters and Home Depot to adopt, build, and manage public cloud applications and platforms like Salesforce.com, Google and Workday. The company has moved over 1.5 million people to the cloud since its inception.

In 2011, Appirio grew revenue by over 80 percent, expanded into Europe with the acquisition of Saaspoint and developed the Cloud Enablement Suite, an integrated set of applications that supports enterprise cloud development. Additionally, the company introduced CloudSpokes, a crowdsourcing community for cloud development.

Appirio plans to use the funds for acquisitions as well as further investment in global expansion of its consulting practice areas, as well as to build out the company’s enabling cloud technology and acceleration of CloudSpokes. Customers include BMC Software, Japan Post, Medtronic, Flextronics, Twitter, Merkle and NetApp.


Company: Appirio
Website: appirio.com
Launch Date: September 9, 2006
Funding: $76.7M

Appirio accelerates the cloud-powered business, helping enterprises achieve real results from cloud applications and platforms like salesforce.com, Google and Workday. Appirio has worked with more than 500 enterprise customers including organizations like City of Los Angeles, Facebook, Flextronics, Home Depot, International Hotels Group, Japan Post Network, Ltd., L’Oreal, NetApp, NYU, Starbucks, Thomson Reuters and VMware. Appirio’s technology-enabled professional services are supported by a team of nearly 500 cloud experts and CloudSpokes (www.cloudspokes.com), a more than 70,000 person-strong global cloud...

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