Appirio Raises $60 Million In Series D Funding Led By General Atlantic

New Funding Will Fuel Appirio’s International Expansion, Investments in Technology and Crowdsourcing Platform For Cloud Development

San Mateo, Calif. - March 15, 2012 - Appirio, a technology-enabled services provider that helps enterprises power their business with the cloud, today announced that it has closed $60 million in Series D funding led by global growth investor General Atlantic, with participation from existing investors Sequoia Capital and GGV Capital. Appirio plans to use the funds for investment and M&A to support global expansion of its consulting practice areas, as well as to build out the company’s enabling cloud technology and acceleration of its successful crowdsourcing development platform - CloudSpokes.

The financing follows a banner year of growth for Appirio. In 2011 alone, Appirio increased year-over-year revenue by over 80 percent, expanded into Europe with the acquisition of Saaspoint and developed the Cloud Enablement Suite (CES) - an integrated set of applications, assets and development capacity that supports enterprise cloud development. Additionally, the company introduced CloudSpokes - a crowdsourcing community for cloud development that has already attracted 35,000+ developers.

Appirio Charts Strong Business Growth in 2011

Signs On Nearly 100 New Customers Across Geographies and Industries

SAN MATEO, Calif. - January 26, 2012 - Appirio, a services provider that helps enterprises power their business with public cloud solutions, today announced it closed 2011 with a strong showing in new customer wins, geographic expansion and overall business growth in the rapidly evolving cloud computing space.

Corporate Milestones

• Increased revenue by 80 percent year over year.
• Grew the team to more than 400 cloud experts across the U.S., Japan, India and U.K.
• Acquired four companies, bringing Appirio additional expertise in social, mobile and user adoption, and adding to the company’s core salesforce.com and Google business in the U.S. Midwest and Europe.
• Continued to grow our presence internationally, appointing new GMs for Europe and Asia Pacific.
• Moved more than 1.5 million users to public cloud applications like salesforce.com, Google and Workday.

Appirio to Accelerate Global Expansion Through New Strategic Investment

Appirio Celebrates Five Years of Growth, Moving More Than 1 Million People to the Public Cloud

San Mateo, Calif. - August, 2011 - Appirio, a cloud solution provider, today announced it will be expanding internationally to serve a growing base of customers in the European and Asia Pacific markets. The expansion is being funded by a strategic investment from two existing investors - GGV Capital, an expansion stage venture capital firm focused on the U.S. and Asia, and Salesforce.com, the enterprise cloud computing company. Expansion will be through a combination of organic and inorganic growth.

Appirio Secures $10 Million in Series C Funding from GGV Capital and Sequoia Capital

Appirio and the Cloud Computing Market Continue to Grow and Attract Investment in a Tough Economy

SAN MATEO, CA.—February 25, 2009—Today Appirio (www.appirio.com), a leading on-demand products and professional services company, today announced that it has secured $10 million in Series C financing from GGV Capital and Sequoia Capital, which will be used to further invest in product development, go-to-market strategies and services to help businesses confidently move to cloud computing. Appirio also plans to use the money to invest in and expand strategic partnerships. Today’s funding follows a Series B investment of $5.6 million led by Sequoia Capital in July 2008. In total, Appirio has raised $16.7 million in funding.