What is Appcore?
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:
Series A
$4.5M
Series B
$6M
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.
See full Appcore company page