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Appcelerator was recently named a "visionary" company with the highest placement for vision and execution by Gartner in the Magic Quadrant for Mobile Application Development Platforms. This marks the second consecutive year that Appcelerator has been named to the Visionary Quadrant.
Earlier this month, the company hired Brian Carr as its first Chief Revenue Officer. Carr was most recently the Senior Vice President of Worldwide Sales and Services at Good Technology, and also held executive sales roles at Synopsys, Clarify and Simplex Solutions.
And in July, Appcelerator raised $12.1 million in new capital. The latest funding round was led by EDBI, a Singapore-based global investment firm. The Social Internet Fund also joined as a new investor, along with prior investors Mayfield Fund, Sierra Ventures, Storm Ventures, Relay Ventures, Translink Capital, eBay, and RedHat. This brings the total investment in the company to over $63 million.
"Appcelerator's Singapore based Asia Pacific headquarters positions them perfectly to capitalize on Asia's rapidly growing market for enterprise mobile solutions, while gaining access to EDBI's regional networks," said Swee-Yeok CHU, president & CEO of EDBI. "Their presence is a significant addition to the local enterprise mobility ecosystem, and will strengthen Singapore's capabilities in the development of new mobile and lifecycle management solutions."