Apperian Receives Strategic Investment From Intel Capital
Additional Capital Brings Total Funding to Date to $28 Million for Mobile Application Management Technology PioneerBOSTON – January 23, 2013 – Enterprise mobile application management (MAM) pioneer Apperian, Inc. today announced that the company has received a strategic investment from Intel Capital, Intel’s global investment and M&A organization. The additional capital builds on previous investments from top firms including Bessemer Venture Partners, Kleiner Perkins Caufield & Byers, and North Bridge Venture Partners and brings Apperian’s total funding to date to $28 million. The investment comes at a time where Apperian is seeing significant growth due to the increasing demand for technology that can help enterprises manage and secure mobile applications and tackle BYOD head-on. “Apperian is helping enterprises transform the way they do business by enabling the secure deployment and management of enterprise content and mobile apps,” said Lisa Lambert, vice president of Intel Capital and managing director of the Software and Services sector. “With new mobile devices, operating system updates, and innumerable mobile apps entering the enterprise every day, Apperian makes it possible for IT departments to overcome this complexity and take advantage of the value that enterprise mobility delivers.” “Traditional approaches to mobile security are intrusive and cumbersome – which frustrates users,” said David Patrick, CEO at Apperian. “We’re taking a different approach by protecting what matters most, the enterprise mobile apps and the data. This drives breakthrough user adoption, especially in BYOD environments.” Building on Success: MAM Momentum Accelerates 2012 was a hallmark year for Apperian with strong revenue growth and several industry recognitions. The company saw an impressive 276 percent growth in its subscription business over the past 12 months, which stems directly from the rapid adoption of its EASE Platform. Users of Apperian’s EASE Platform tripled in 2012 and its customer base more than doubled. The company also added several notable customers and strategic partnerships including relationships with BMC, Jones Lang LaSalle, The Boston Celtics, Ivie & Associates, Alex and Ani, TELUS Corporation, Mocana, and Appcelerator. “With Apperian’s help, we’re pushing the mobile envelope by developing and securely deploying a series of mobile applications that empower our employees to use whatever device they’d like,” said Gregory Adams, managing director at Jones Lang LaSalle, a customer of Apperian. “The experience is seamless, which drives adoption and speed to market – getting our tools in the hands of our users to improve productivity in a secure manner.” Apperian received several industry recognitions in 2012, highlighting the growing popularity and notoriety of its leading technology. This year, Apperian was named one of the ‘Top Private Companies’ by AlwaysOn and OnMobile. The company was also named one of the ‘Top Places to Work’ by the Boston Globe this year which helped attract top-tier talent to the rapidly growing firm. During the year, Apperian opened up new offices in Europe and expanded its team with several key hires in sales, marketing and engineering. “2012 has been a hallmark year for Apperian and we see a tremendous opportunity ahead,” added Patrick. “There’s no question that the industry is transitioning to mobile platforms and we’re leading the charge by empowering hundreds of businesses to authenticate, secure, deploy, and manage their business apps, which is driving our momentum.” To learn more about Apperian and its EASE platform please visit: http://www.apperian.com/get-started/ease-platform. About Intel Capital Intel Capital, Intel's global investment and M&A organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, health, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$10.8 billion in over 1,276 companies in 54 countries. In that timeframe, 201 portfolio companies have gone public on various exchanges around the world and 317 were acquired or participated in a merger. In 2012, Intel Capital invested US$352 million in 150 investments with approximately 57 percent of funds invested outside North America. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com or follow @Intelcapital.