Linux.com

Home News Enterprise Computing Cloud Computing AppDirect Nails $8.5M To Build A Cloud App Store, Rackspace Newest Partner

AppDirect Nails $8.5M To Build A Cloud App Store, Rackspace Newest Partner

linuxcon-clouds

AppDirect, a company that offers white-label cloud-based app stores, has today announced $8.5 million in funding to ride the wave of interest in cloud services and continue its expansion in partnership with third parties. And today the company also announced a new customer in that strategy: Rackspace, which has launched the Rackspace Cloud Tools Marketplace, an online store for cloud-based software and services to more than 180,000 Rackspace customers worldwide.

The Series A round was led by iNovia Capital with participation from existing investors, and comes on the back of a seed round of $3.25 million raised last year.

Cloud services have been steadily picking up momentum in the enterprise — Gartner just the other week noted that they will be the fastest growing segment of enterprise services in the years ahead and will total $109 billion this year.

 
Read more at TechCrunch
 

Comments

Subscribe to Comments Feed
  • Rebrand Smartphone apps Said:

    It's great ... To read this topic for more information ... Information on successful business nice ... Thaks for all of these efforts.

Upcoming Linux Foundation Courses

  1. LFS416 Linux Security
    03 Nov » 06 Nov - Virtual
    Details
  2. LFD320 Linux Kernel Internals and Debugging
    10 Nov » 14 Nov - Virtual
    Details
  3. LFS426 Linux Performance Tuning
    10 Nov » 13 Nov - Virtual
    Details

View All Upcoming Courses

Become an Individual Member
Check out the Friday Funnies

Sign Up For the Linux.com Newsletter


Who we are ?

The Linux Foundation is a non-profit consortium dedicated to the growth of Linux.

More About the foundation...

Frequent Questions

Join / Linux Training / Board