New Funds for Appia, Apperian And Newsy

Gail Chiasson, North American Editor

Appia, Durham, a North Carolina, operator of an open app marketplace, Apperian, a Boston-based provider of mobile application development tools, and Newsy, a mobile video news service in Columbia, Missouri, all announced this week that they had secured new financing.

Appia gained a new $10 million investment from Venrock, that brings the company’s funding to nearly $28.5 million to date. Appia powers application storefronts for more than 40 partners – including AT&T, Opera, Samsung, and Verizon Wireless. The company claims to reach more than 200 million mobile subscribers across 200 countries. AIts multiplatform app service offers more than 140,000 free and paid titles for handsets running Android, iOS, BlackBerry, Symbian and other software.

Appia says that it will use the new funds to accelerate development of its open app marketplace, and to launch app stores for partners around the world. In connection with the financing, Dev Khare, Venrock vice-president joins Appia’s board.

Apperian raised $9.5 million in venture capital financing from North Bridge Venture Partners, Bessemer Venture Partners, Kleiner Perkins Caufield & Byers’ iFund, CommonAngels and LaunchCapital.

The company offers a set of enterprise services, app libraries, and access to cloud services that allow businesses to create, deploy, and manage mobile apps.

Among Apperian’s numerous customers are: Procter & Gamble, Dupont, The Estee Lauder Companies, Cisco Systems, and Talecris Biotherapeutics.

Newsy’s $1.5 million funding came from an unnamed St. Louis, Missouri-based private equity firm.

Newsy offers two-minute news videos tailored for mobile devices, and has apps available for the iPad, iPhone, BlackBerry and Android devices.

The company plans to use the funds to grow its editorial, marketing and sales teams.

Leave a Reply