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Appfire Secures $49M in First Institutional Funding led by Silversmith Capital Partners

Jun 09, 2020about 5 years ago

Amount Raised

$49 Million

Boston

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.

Company Information

Company

Appfire

Location

Boston, Massachusetts, United States

About

Appfire is an award-winning Atlassian Platinum Marketplace Partner and a global authority in the Atlassian ecosystem for more than 15 years. Appfire’s popular solutions help teams with Workflow and Automation, Business Intelligence (BI), Administrative Tools, Developer Tools, Product Portfolio Management, Agile, and Publishing. The company has the largest portfolio of apps on the Atlassian Marketplace with 180+ purpose-built products and 195,000 active installations worldwide. Learn more at www.appfire.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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