Press Releases

Monday, July 21, 2008

Sequoia Capital Invests in Appirio to Accelerate the Adoption of On-Demand

Appirio's Unique Business Model and Proven Track Record Help Businesses Confidently Move to the Cloud

San Mateo, Calif. – July 21, 2008 – Appirio (www.appirio.com), the leader in delivering products and professional services that help businesses accelerate their adoption of on-demand solutions, today announced it has secured Series B financing of $5.6 million. The funding was led by Sequoia Capital, the investment firm behind Google, Yahoo!, LinkedIn, and PayPal. This round of financing follows a Series A investment earlier this year, which brought in $1.1 million from salesforce.com and angel investors.

 
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