appRenaissance Raises $1.5mm Seed Round

Funds will be used to scale team and accelerate development of patent-pending mobile middleware

PHILADELPHIA--()--appRenaissance (www.apprenaissance.com), a leading provider of mobile applications and infrastructure, announced today that it has raised a $1.5mm seed round of investment led by FirstMark Capital and including investments by appRenaissance CEO Bob Moul and other Philadelphia angel investors. The round will be used to make a number of key hires as well as accelerate development of the company’s patent-pending mobile middleware platform, Unifeed™.

“Backing a successful repeat entrepreneur like Bob is an easy decision,” said Amish Jani, Managing Director at FirstMark Capital. “Mobile computing is the next great wave of technology innovation and we look forward to working with Bob and founder Scott Wasserman to build a major player in the mobile apps and infrastructure space.”

“It’s great to be working with Amish and the guys from FirstMark Capital again as they were a major factor in our success with Boomi,” said Moul. “The mobile space is massive, it is still early, and ripe for innovation. And Philadelphia is the perfect home for the venture given the extensive mobile talent and thought leadership in the region.”

appRenaissance was founded in 2010, hired its first employees in May last year and is on pace to achieve $1mm in revenue in its first full year of operation. Early customers include TicketFly, BizEquity, AllFanz, Radian, geo-social startup Interact, and high-risk insurer Pennsylvania Surplus Lines Association. The appRenaissance team is comprised of veteran team members who have done work for major brands such as Coke, Pepsi, Kodak, Oracle, Sony, Maytag, Wawa, Campbell’s Soup, Barclays and Chase.

About appRenaissance:

Located in the heart of Old City Philadelphia, appRenaissance is a developer of inspired, handcrafted mobile applications and an inventor of ingenious mobile application tools and infrastructure. Our products include the revolutionary Unifeed™ Mobile Middleware™ platform that dramatically speeds mobile application development time, simplifies integration with enterprise services, and reduces ongoing maintenance costs. Our clients hail from industries as diverse as music and entertainment to retail sales and mortgage insurance. For more information, please visit www.apprenaissance.com.

Contacts

Maven Communications
Jessica Sharp, 215-434-7192
jsharp@mavenagency.com

Release Summary

appRenaissance, a leading provider of mobile applications and infrastructure, announced today that it has raised a $1.5mm seed round of investment.

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Contacts

Maven Communications
Jessica Sharp, 215-434-7192
jsharp@mavenagency.com