Development platform Appcelerator raises $15M in Series C


Cross-platform development solutions provider Appcelerator has completed a Series C financing round totaling $15 million. Mayfield Fund, Translink Capital and Red Hat led the new round, with contributions from existing investors eBay, Sierra Ventures and Storm Ventures. Appcelerator has now raised a total of $31.5 million.

Appcelerator's integrated platform enables developers to build native and HTML5 mobile web applications using open web technologies. The Appcelerator ecosystem now counts roughly 1.6 million developers who've published more than 30,000 iOS and Android apps to date. Appcelerator will earmark the new funding to support its expansion in Europe and Asia as well as continued investment into its flagship Titanium development environment, which includes source code editing, code completion, Git integration and debugging capabilities.

Last week, Appcelerator announced an agreement to acquire mobile gaming and HTML5 development platform Particle Code, a move that expands the open-source Titanium platform beyond native iOS and Android application support into mobile web and gaming projects. Created by the founders of cross-platform multiplayer game maker Mytopia, the Particle Code integrated development environment automates the porting process, enabling developers to build native and HTML5 applications from a single codebase using programming languages including Java, ActionScript3 and C#.

The Appcelerator funding also follows weeks after the firm unveiled its Open Mobile Marketplace, an online storefront enabling mobile developers to acquire free and premium software assets for integration into their mobile applications. Open Mobile Marketplace enables any independent software vendor or cloud provider to sell native and HTML5 mobile modules, app templates, design elements and cloud extensions to the Appcelerator community.

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