Friday, April 11, 2014

AppDirect Finds $35M For Cloud Marketplace

San Francisco-bsaed AppDirect, which operates an online marketplace for businesses looking for cloud services, said Thursday that it has raised $35M in a Series C funding round. The funding round as led by Mithril Capital Management, a new fund founded by Ajay Royan and Peter Thiel. It also included iNovia Capital, the Foundry Group, and StarVest. The company said the funding would go towards rapid, aggressive growth.