AnyPresence Raises $5.5M for Cloud Mobility Platform Led by LivingSocial Investor, Grotech Ventures

RESTON, Va., Aug. 14, 2012 /PRNewswire/ -- AnyPresence, a leading cloud-based mobile platform provider, today announced that it has raised $5.5 million in Series B funding to further accelerate the company's growth and customer success. Grotech Ventures, the early lead investor in LivingSocial, led the round with participation from existing investor, Kinetic Ventures. AnyPresence has already exceeded its 2012 revenue targets, building a strong case for broader investment to help the company meet demand for its mobile platform-as-a-service solution.

"This additional funding is further endorsement of AnyPresence's unique technology and vision of how companies of all sizes can accelerate their mobile projects," said Anirban Chakrabarti, CEO and co-founder. "We have built a business-class solution that dramatically reduces the time-to-market for deploying mobile apps and plan to use this funding to invest in product development, sales growth, and ensuring the success of our customers."

"We are very excited about the potential of the AnyPresence platform and the initial success they are experiencing," said Lawson DeVries, General Partner at Grotech Ventures. "We believe that the combination of this strong team and this capital infusion will be able to advance the company's technology lead and generate market momentum."

Drawing on their collective experience developing technology solutions while at Siebel Systems, Oracle, and SAP, the AnyPresence team has launched a mobile platform-as-a-service that helps businesses overcome the hurdles of building, deploying, and maintaining mobile apps. The AnyPresence solution includes a Web-based designer for cross-platform app development and a mobile "backend-as-a-service," with the ability to connect to a variety of data sources within the enterprise. The run-time components can be compiled and deployed instantly to scalable cloud infrastructure. All source code generated by AnyPresence is 100% native and available to customers should they require further customization or on-premise hosting options, with absolutely no platform "lock-in."

AnyPresence is currently working with customers in the healthcare, communications, and services sectors to accelerate their mobile initiatives by using the AnyPresence mobile platform-as-a-service. The solution also includes pre-built mobile app templates to further accelerate mobile projects for consumer or employee-facing needs.

"Kinetic is excited to provide continued support for AnyPresence as they execute on their vision," said Jake Tarr, Managing Director at Kinetic Ventures. "As the frenzied pace of mobile device and app adoption continues, solutions like AnyPresence will help business scale efficiently to meet the demand."

About AnyPresence

AnyPresence is a mobile platform-as-a-service that dramatically reduces the cost and complexity of mobile-enabling business processes across multiple devices. It is the only solution that offers organizations of any size the ability to assemble and deploy HTML5, native iOS and Android apps powered by a robust mobile back-end-as-a-service, without having to install any software. AnyPresence also provides pre-assembled mobile app templates, interactive SMS, data source integration, and other capabilities to further accelerate time-to-market. The platform is easy to use, yet flexible enough to enable source code-level customization or on-premise hosting options, with no platform "lock-in." For more information, please visit http://www.anypresence.com.

Media Contact:
Matt Cumello, Marketing Director
[email protected]
1-800-817-5217 Ext. 104

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

SOURCE AnyPresence