Appcore Funding: How Much Did They Raise & Key Investors

How Much Did Appcore Raise?
Funding & Key Investors

Appcore has solidified its position in the enterprise cloud sector, securing a total capital infusion of $11.1M to date. The firm recently finalized a major strategic investment of $600K, marking a significant milestone in its operational trajectory. This latest injection of financing underscores the market's confidence in Appcore's ability to streamline complex cloud environments for global enterprises and service providers.

The company's funding history reflects a steady growth pattern, beginning with its initial Series A round in 2011, followed by a Series B expansion in 2013, and culminating in the most recent private equity backing. This progression highlights the firm's transition from a high-growth startup to a mature player in the cloud infrastructure space.

What is Appcore?

Appcore

Software

Storage & System Management Software

Appcore specializes in the automation of cloud computing, providing a comprehensive suite of tools for Enterprise Private Clouds and Service Provider Public Clouds. Its flagship offering, Appcore Onsite, serves as a converged platform that integrates architecture, automation, and administration into a single, roll-in ready solution. By simplifying the deployment and management of cloud environments, Appcore addresses the critical needs of data centers, telecommunications firms, and software vendors. Headquartered in Des Moines, Iowa, with a robust international presence in Hong Kong, Manila, and Singapore, the company is uniquely positioned to deliver scalable, best-practice cloud solutions on a global scale.

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

A diversified investment firm focused on supporting high-growth technology enterprises through strategic capital allocation.

Broadhorn Capital

A venture-focused investment group specializing in scaling infrastructure and software-as-a-service companies.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for Appcore?

With the recent capital influx, Appcore is poised to accelerate its market penetration and enhance its existing cloud automation capabilities. The strategic focus will likely shift toward deepening its footprint in the enterprise sector, where the demand for simplified, converged infrastructure remains high. By leveraging its established global offices, the company is well-positioned to capitalize on the ongoing digital transformation trends, ensuring that its clients can maintain operational efficiency while scaling their cloud resources. Future initiatives will likely prioritize the expansion of its appstore ecosystem and the refinement of its end-to-end management support services to maintain its competitive edge in the mid-America and international markets.

See full Appcore company page

See More Financial Insights