Thursday, July 11, 2013

Appconomy Gets $2.9M

Austin-based Appconomy, the developer of cloud-based software for mobile marketing, has raised $2.9M more in funding, according to a regulatory filing by the firm earlier this week. The filing indicates the fundraising was in the form of a convertible debt round, and is most likely a bridge between the company's last funding and a new round. The filing indicates the final target for the fundraising is $6M. Appconomy is venture backed by Neusoft, Qiming Venture Partners, True Ventures, and Western Technology Investment. More information »