How Much Did Appcore Raise?
Funding & Key Investors

Appcore has secured significant enterprise-level funding, with its total capital raised standing at $11.1M. The company recently announced a major strategic investment of $600K, underscoring its continued growth and market traction in the cloud computing automation sector. This latest financing round follows a series of previous funding events, indicating a robust trajectory for the company.

What is Appcore?

Appcore
SoftwareStorage & System Management Software

Appcore specializes in automating the business of cloud computing by delivering local cloud infrastructure solutions for Enterprise Private Clouds and Service Provider Public Clouds. Its flagship product, Appcore Onsite, is a converged platform encompassing architecture, automation, administration, and an app store, designed for rapid deployment and automated operations of cloud environments. The company simplifies complex cloud technology for data centers, telcos, software vendors, and enterprises, offering flexible, scalable, and best-practice solutions backed by comprehensive management and support. Headquartered in Des Moines, IA, with international offices, Appcore has been recognized for its rapid growth.

How much funding has Appcore raised?

Appcore has raised a total of $11.1M across 3 funding rounds:

2011

Series A

$4.5M

2013

Series B

$6M

2014

Private Equity

$600K

Series A (2011): $4.5M with participation from Interstate Enterprises and Broadhorn Capital

Series B (2013): $6M, investors not publicly disclosed

Private Equity (2014): $600K, investors not publicly disclosed

Key Investors in Appcore

Interstate Enterprises

Interstate Enterprises is an investor likely focused on infrastructure and enterprise solutions, providing strategic capital to companies like Appcore that are building foundational technology for cloud environments.

Broadhorn Capital

Broadhorn Capital appears to be a venture capital firm that invests in technology companies, potentially with an emphasis on infrastructure or enterprise software, supporting Appcore's mission to automate cloud computing.

What's next for Appcore?

With the recent major strategic investment, Appcore is poised to further accelerate its development and expansion in the competitive cloud infrastructure market. This capital infusion is expected to fuel enhancements in its automation technologies and broaden its market reach, particularly within enterprise and service provider segments. The company's focus on simplifying cloud complexity and delivering roll-in ready solutions positions it for continued scaling and deeper penetration into global data centers and telecommunications networks. Strategic partnerships and further technological innovation are anticipated as Appcore leverages this latest financing to solidify its position as a leader in enterprise cloud automation.

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Frequently Asked Questions Regarding Appcore Financial Insights

What are the most recent funding rounds that Appcore has completed, and what were the funding rounds?
Appcore has recently completed 3 funding rounds: Private Equity on Feb 18, 2014, Series B on Feb 25, 2013, Series A on Feb 1, 2011.
What is the total amount of funding Appcore has raised to date?
Appcore has raised a total of $11.1M in funding to date.
How many funding rounds has Appcore completed?
Appcore has completed 3 funding rounds.
How much funding did Appcore raise in its most recent funding round?
Appcore raised $600K in its most recent funding round.
Which was the largest funding round in Appcore's history?
The largest funding round in Appcore's history was $6M.
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