San Francisco-based AppDirect, which helps users manage their cloud-based software and services, has raised $8.5 million in Series A funding from existing investors iNovia Capital and Stingray Digital. The firms invested $3.25 million in seed stage funding in May 2011, bringing the company’s total capital raised to $11.75 million. AppDirect says it will use the latest [...]
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The atmosphere was low key at the Under the Radar conference as venture capitalists and entrepreneurs sorted through enterprise startups still honing business plans and shedding stealthy existences. But what stood out was this: many that had flown from Montreal or Israel, or driven from San Francisco, were not seeking money at Thursday’s event at [...]