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Appcelerator Raises $12.1M

By TechTaffy Desk

Mobile enterprise platform company Appcelerator has raised $12.1 million, in a funding round led by EDBI, an investment firm based in Singapore. 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 Red Hat. This brings the total investment in the company to over $63 million.

[Image courtesy: Appcelerator]

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