Appcelerator Closes on $15M

Appcelerator, maker of a development platform for mobile web applications, has raised $15 million in a third round led by Mayfield Fund, Translink Capital and Red Hat. Existing investors eBay Inc., Sierra Ventures and Storm Ventures also participated. The company, based in Mountain View, Calif., has now raised a total of $31.5 million. The latest infusion will be used for international expansion and continued development of the company’s mobile development platform.

India’s Quikr Inks $8M from Nokia, Norwest, eBay

Indian online and mobile classifieds platform Quikr has closed on $8 million in equity financing. New investor Nokia Growth Partners led the round, which included participation from Norwest Venture Partners and eBay Inc. The company’s classified ad platform operates in 40 cities across India, and sees more than 10 million visitors per month, the company said in a statement. Quikr has also raised money from Matrix Partners India and Omidyar Network.

PE HUB Community

Join the 12525 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget