Appistry Raises $12 Million In Financing Led By eXome Capital
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Appistry is a cloud solutions developer company that has raised $12 million in Series D financing led by eXome Capital. Stuart Mill and other private investors also participated. eXome Capital is a St. Louis based private equity company. Appistry plans on using the additional funding for growth and expanding sales.
“With the exponential growth in the depth and complexity of ‘big data’ applications, the critical challenges behind storing, managing and analyzing data efficiently and sustainably will only continue to rise in significance,” stated Appistry CEO Kevin Haar. “This latest round of funding is optimally timed to fuel Appistry’s natural evolution up the value chain to provide specific solutions to real customer problems.”