DateCompanySeriesFunding Amount
March 2012Appirio, Inc.D$60,000,000
Round Details
Funding Amount$60,000,000
Board Seats Demanded1 seat
Company Age At Funding6 years
InvestorInvestor TypeInvestmentStake Acquired
General Atlantic LLC (Lead Investor)Private Equity  
Sequoia CapitalVenture Capital  
GGV CapitalVenture Capital  
Financials for Appirio, Inc.Valuation Multiples
Total Assets N/AV / A    
Stockholder's Equity N/AV / SE    
Revenues N/AV / R    
Net Income (Loss) N/AV / E    
Cash Flow N/AV / CF    
EBITDA N/AV / EBITDA    
Operating Income (Loss) N/AV / OI    
Business Description for Appirio, Inc.

Appirio, Inc. is a privately-held, venture capital backed cloud application integration and solutions consulting firm. The privately-held IT services firm generates revenue through project fees from its clients. Appirio also makes money through sales of cloud-based data storage. Common client engagements for Appirio include integrating new applications and systems across a firm. Appirio offers cloud strategy, SaaS implementation, custom cloud development, and cloud management solutions. Additionally, Appirio runs a crowdsourcing, collaborative website for developers called Cloud Spokes, which offers cash prizes for crowdsourced IT solutions. Founded by Chris Barbin, Narinder Singh and Glenn Weinstein in 2006, Appirio is based in San Mateo, California.