December 10, 2008

New Funding for Appcelerator and Jaspersoft

Despite the dire economic times, funding continues to flow toward open source. Appcelerator, which has an open platform for building web, desktop and mobile applications, has announced that it has received $4.1 million in Series A venture funding. Storm Venture managing partner Ryan Floyd will join Appcelerator's board of directors along with Larry Augustin, a noted angel investor.



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