What is Appcore?
Appcore specializes in delivering local cloud infrastructure solutions tailored 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 aims to simplify the inherent complexities of cloud technology for data centers, telecommunications firms, software vendors, and large enterprises by offering flexible, scalable, and best-practice solutions. Appcore provides comprehensive end-to-end management and support, operating globally with headquarters in Des Moines, IA, and offices in Hong Kong, Manila, and Singapore. Its commitment to innovation and market leadership was recognized in 2012 when it was named the fastest-growing company in mid-America by Five Elms Capital.
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 investment firm that likely focuses on providing capital for established companies seeking to expand their market presence or develop new technologies.
Broadhorn Capital
Broadhorn Capital is a venture capital firm that appears to invest in technology companies, potentially specializing in infrastructure or enterprise software solutions.
What's next for Appcore?
With the recent injection of $600K in a major strategic investment, Appcore is poised to further accelerate its expansion and enhance its automation capabilities within the cloud computing sector. This enterprise-level funding suggests a focus on scaling operations, potentially expanding its market reach, and investing in research and development to maintain its competitive edge. The company's strategy likely involves deepening its penetration in existing markets and exploring new enterprise partnerships. Continued innovation in its converged platform and automation services will be critical for Appcore to solidify its position as a leader in simplifying complex cloud technologies for its global clientele.
See full Appcore company page
