Apprenda, founded 2007 and headquartered in Troy, NY, a computer software company provider of Platform-as-a-service (PaaS) software announced that it has closed a $24 million series D funding. The round was led by Safeguard Scientifics, with New Enterprise Associates and Ignition Partners. Apprenda’s total financing with this funding is $56 million.
Apprenda announced that the funding will be used to hire new members for its engineering, product, client services and sales teams. Furthermore the capital is going to be used to expand the endorsement of its enterprise PaaS which is already adopted by large organizations such as JP Morgan Chase, McKesson and AmerisourceBergen.
Sinclair Schuller, CEO and co-founder of Apprenda, said:
We believe PaaS is only doable one way—the customer’s way, this means our technology had to be built to support everything upstream and downstream from our platform in a highly compatible way. And because of this, our vision of helping enterprises convert their data centers into cloud platforms supercharged for developer productivity has become a reality.