Appirio in the News

Thursday, March 15, 2012

Appirio founder on cloud-services firm's latest funding round -- and Chicago as a startup hub

Crain's Chicago Business
Appirio Inc., which offers technology and professional services to companies' cloud applications, today announced a $60 million investment led by General Atlantic, with participation from Sequoia Capital and GGV Capital.

Appirio is based in San Mateo, Calif., but the company's chief executive, Chris Barbin, spends at least a third of his time in Chicago, where he calls Glenview home.

Mr. Barbin, 41, who early in his career worked for Lake Forest-based W.W. Grainger Inc., says the latest round of funding is the largest of its kind in a cloud services provider and will allow Appirio not only to continue developing its crowdsourcing development platform, CloudSpokes, but also will enable the company to snap up other consulting firms...

 
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