Appfire Secures $49M in First Institutional Funding led by Silversmith Capital Partners
Jun 09, 2020•about 5 years ago
Amount Raised
$49 Million
Description
Appfire, a leading provider of apps for software development teams, announced today that it has received a $49M strategic investment from Silversmith Capital Partners, a Boston-based growth equity firm. Appfire’s portfolio of 60+ apps are used by thousands of enterprises to enhance collaboration tools like Atlassian’s Jira Software and Confluence. The investment marks the first time Appfire has raised outside capital, which will be used to expand the company’s cloud-based product offerings and support strategic acquisitions of complementary apps.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech