Article: United States: Apprenda Closes $5 Million Investment Led by New Enterprise Associates.

Byline: shiv03

Apprenda, the creator of SaaSGrid, the world's first SaaS application server, announced today that the company has closed a $5 million investment round led by New Enterprise Associates (NEA), a leading global venture capital firm with a 30-year track record of successful investing in companies including Salesforce.com, WebEx, Juniper Networks and XenSource. Existing investor High Peaks Venture Partners also participated in the round of funding.

With SaaSGrid, Apprenda has changed the way that software is built and delivered, providing a solution to the architecture and management complexities of delivering software across distributed web ...

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