AppDirect Gets $8.5M

San Francisco-based AppDirect, which operates an online marketplace for cloud services, announced this morning that it has raised $8.5M in a Series A funding. The funding was led by iNovia Capital. The firm said the round comes on top of an earlier, $3.25M seed funding from a year ago. The company said it will use the funding to fund its growth. AppDirect says its customers include Deutsche Telekom, Rackspace, Bell Canada, and Appcelerator. More information »