August 29, 2011
SAN MATEO, CA, August 29 -- Appirio, a cloud solution provider, today announced it will be expanding internationally to serve a growing base of customers in the European and Asia Pacific markets. The expansion is being funded by a strategic investment from two existing investors -- GGV Capital, an expansion stage venture capital firm focused on the U.S. and Asia, and Salesforce.com, the enterprise cloud computing company. Expansion will be through a combination of organic and inorganic growth.
"Cloud computing is already almost a $70 billion market, but it's still early days in the overall shift happening in IT -- especially outside the U.S.," said Chris Barbin, CEO of Appirio. "When companies see the impact of powering their business with the cloud, that shift will only accelerate and they'll need a cloud-focused partner to help them."
This month Appirio celebrates its five-year anniversary, coinciding with the ninth anniversary of Dreamforce at which Appirio is a speaker and sponsor. Since the company's founding, Appirio has moved more than 1 million people to the cloud and consistently grown revenue more than 70 percent year over year -- often in tough economic conditions. In late 2008, Appirio opened its first international office in Tokyo, successfully growing its Japanese operations by more than 100 percent annually and signing on high profile customers such as Japan Post Network, Ltd.
"Appirio is one of our most innovative partners and has contributed to the success of some of our largest customers in both the U.S. and Japan," said Maria Martinez, Executive Vice President, Customers for Life, salesforce.com. "Partners like Appirio understand what it takes to make the social enterprise a reality, and our global enterprise customers need a global social enterprise partner. We're happy to now help Appirio expand their brand and team globally."
To serve its growing base of global customers in a way that's as innovative and elastic as cloud computing itself, Appirio founded the world's first crowdsourcing community for cloud development. The community has added nearly 20,000 members across more than 60 countries since it was launched in February. CloudSpokes is the only community focused solely on multitenant public cloud platforms and applications, and matches companies who need cloud development work with a worldwide community of cloud experts.
Appirio, which works with enterprises to adopt, connect and extend cloud platforms like Salesforce.com, Google and Workday, already serves a number of global customers, including Thomson Reuters, the world's leading source of intelligent information for businesses and professionals.
Jane Moran, CIO of Thomson Reuters, said, "Thomson Reuters leverages the power of cloud computing to drive our business. Salesforce.com is one of our core platforms, and we have relied on partners like Appirio to implement successfully. We're happy to see cloud innovators like salesforce.com actively supporting their ecosystem and we're excited about Appirio's move into Europe."
Appirio accelerates the cloud-powered business, helping enterprises achieve real results from cloud applications and platforms like salesforce.com, Google and Workday. Appirio has worked with more than 250 enterprise customers including organizations like City of Los Angeles, Facebook, Flextronics, Home Depot, International Hotels Group, Japan Post Network, Ltd., L'Oreal, NetApp, NYU, Starbucks, Thomson Reuters and VMware. Appirio's technology-enabled professional services are supported by a team of 400 cloud experts and CloudSpokes, a nearly 20,000 person-strong global cloud developer community. The company's expertise and innovative brokerage technology have been recognized by organizations such as Bloomberg BusinessWeek, InformationWeek, Gartner and IDC. Appirio has offices in the U.S. and Japan, and is backed by Sequoia Capital and GGV Capital.
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