Industry Software Headquarters San Jose Type Privately held company | Website www.appcelerator.com Founded Atlanta | |
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Founder Jeff Haynie and Nolan Wright Products Titanium, Appcelerator Platform | ||
Appcelerator is a privately held mobile technology company based in San Jose, California. Its main products are Titanium, an open-source software development kit for cross-platform mobile development, and the Appcelerator Platform, a mobile engagement platform that provides cross-platform native mobile app development using JavaScript, mobile backend as a service (MBaaS), mobile test automation, crash detection and performance management, and mobile analytics.
Contents
- Daily mobile minute is appcelerator the poster child for the mobile industry
- History
- Products
- Customers
- Funding
- Awards Recognition
- References
Founded in 2006, Appcelerator serves organizations across a wide range of industries including: retail, financial services, healthcare and government. As of 2014, it had raised more than $90 million in venture capital financing.
Daily mobile minute is appcelerator the poster child for the mobile industry
History
Founding
Jeff Haynie and Nolan Wright met at Vocalocity, an Atlanta-based voice over IP company that Haynie had co-founded. After Haynie sold Vocalocity in 2006, the pair founded Web 2.0 application development company Hakano.
In 2007, Hakano, renamed Appcelerator, began creating an open source platform for developing rich Internet applications (RIAs). Marc Fleury, founder of JBoss, joined the company as an advisor.
Product Development
In 2008, Appcelerator relocated to Mountain View, California and later released a preview of its RIA platform, Titanium, which drew comment as a possible open source competitor to Adobe AIR.
Appcelerator began to focus on mobile apps in 2009. In June, it released a public beta of Titanium, which added support for Android and iOS app development to its existing web and desktop application features. Titanium 1.0 released in March 2010.
Acquisitions & Growth
Appcelerator grew quickly in 2011, increasing its employee count five-fold between October 2010 and 2011. The company’s 2011 revenue totaled $3.4 million, a 374 percent increase from 2008.
Between 2011 and 2013, Appcelerator announced a series of acquisitions, including:
Appcelerator moved to its San Jose Headquarters in 2015.
In January 2016, Appcelerator accounted that it has been acquired by Axway, a company that helps enterprises handle their data flows.
Products
Appcelerator Platform
Titanium
Appcelerator Titanium is an open source framework that allows the creation of native, hybrid, or mobile web apps across platforms including iOS, Android, Windows Phone, BlackBerry OS, and Tizen from a single JavaScript codebase. As of February 2013, 10 percent of all smartphones worldwide ran Titanium-built apps. As of August in the same year, Titanium had amassed nearly 500,000 developer registrations.
Alloy
Alloy is an Apache-licensed model–view–controller app framework built on top of Titanium that provides a simple model for separating the app user interface, business logic and data models.
Apps built with Appcelerator products are written in JavaScript. Though initially developed as a Web language, JavaScript is increasingly popular for mobility due to its ability to meet the speed, scale and user experience requirements that mobile development demands. According to Forrester Research, JavaScript adoption is setting the stage for the “biggest shift in enterprise application development” in more than a decade.
Customers
Users of Appcelerator span industries and include Family Dollar, Homes.com, Safeguard Properties, National Military Family Association, First Utility, CACI International, Farmers Insurance Group, Avis and Zipcar.
Funding
In December 2008, Appcelerator closed a $4.1 million first venture round led by Storm Ventures and Larry Augustin. Later, in October 2010, the company announced a partnership with PayPal and that it has raised $9 million in Series B funding from investors including Sierra Ventures and eBay.
Appcelerator raised $15 million in Series C funding led by Mayfield Fund, Red Hat, and Translink Capital in November 2011, and a further $12.1 million in a round led by EDBI, the venture fund of the Singaporean government's Economic Development Board, in July 2013.
On August 25, 2014, Appcelerator announced that it had closed $22 million in Series D funding led by Rembrandt Venture Partners. Union Grove Venture Partners also participated, along with earlier backers, including Storm Ventures, Sierra Ventures, Mayfield Fund, TransLink Capital, Relay Ventures and EDB Investments. Total funding for the mobile engagement platform to date is more than $90 million.