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Apica announces successful Series C financing

We are excited to share with you that we have raised $5 million in new financing from SEB Venture Capital along with our existing Swedish investors, Industrifonden, ALMI Invest, and KTH Chalmers Capital.

We will be putting this funding to use for product development, marketing support, and expanding server and testing capacity for our cloud and mobile testing and monitoring services. Our current efforts to enhance Apica’s visibility worldwide will be further supported by this new funding as well. We issued a press release this week with more of the details:

 

SMART MONEY: This new funding will go directly toward enhancing our
cloud and mobile testing services

 

Also, head over to TechCrunch to read more about this financing news and our work to keep cloud-based apps running smoothly. We are looking forward to sharing the ROI from this investment with our customers by being able to continuously provide them with the world-class service they are accustomed to with Apica.

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