Appcelerator

Last updated
Appcelerator
Company type Private
Industry Software
Founded Atlanta, Georgia (2006 (2006))
FounderJeff Haynie and Nolan Wright [1] [2] [3]
Headquarters
San Jose, California
,
United States
Products Titanium, Appcelerator Platform
Website www.appcelerator.com

Appcelerator is a privately held mobile technology company based in San Jose, California. Its main products are Titanium, an open-source software development kit for cross-platform mobile development, and the Appcelerator Platform.[ citation needed ]

Contents

Founded in 2006, Appcelerator serves industries including retail, financial services, healthcare, and government. As of 2014, it raised more than $90 million in venture capital financing. [4]

On February 24, 2021 Axway announced in one of their company blogs that Appcelerator was being discontinued by March 1st, 2022 and they would be releasing their Titanium SDK into open-source [5] [6]

History

Jeff Haynie and Nolan Wright met at Vocalocity, an Atlanta-based voice over IP company that Haynie had co-founded. [7] After Haynie sold Vocalocity in 2006, the pair founded Web 2.0 application development company Hakano. [8]

In 2007, Hakano, renamed Appcelerator, began creating an open-source platform for developing rich Internet applications (RIAs). [9] Marc Fleury, the founder of JBoss, joined the company as an advisor. [10]

In 2008, Appcelerator relocated to Mountain View, California, and later released a preview of its Appcelerator Titanium product, which drew comment as a possible open-source competitor to Adobe AIR. [11] [12]

Appcelerator began to focus on mobile apps in 2009. In June, it released a public beta of Titanium, which added support for Android and iOS app development to its existing web and desktop application features. [13] Titanium 1.0 was released in March 2010. [14]

Appcelerator increased its employee count fivefold between October 2010 and 2011. The company's 2011 revenue totaled $3.4 million, a 374 percent increase from 2008. [15]

Between 2011 and 2013, Appcelerator announced acquisitions, including:

Appcelerator moved to its San Jose headquarters in 2015.

In January 2016, Appcelerator was acquired by Axway, [24] [25] a company that helps enterprises handle data flows. [26]

Products

Titanium

Appcelerator Titanium is an open-source framework that allows the creation of native, hybrid, or mobile web apps across platforms including iOS, Android, Windows Phone from a single JavaScript codebase. [31] [32] As of February 2013, 10 percent of all smartphones worldwide ran Titanium-built apps. [33] As of August in the same year, Titanium had amassed nearly 500,000 developer registrations. [34]

Alloy

Alloy is an Apache-licensed model–view–controller app framework built on top of Titanium that provides a simple model for separating the app user interface, business logic, and data models. [35] [36]

Apps built with Appcelerator products are written in JavaScript. Though initially developed as a Web language, JavaScript is increasingly popular for mobility due to its ability to meet the speed, scale, and user experience requirements that mobile development demands. [37] [38] According to Forrester Research, JavaScript adoption is setting the stage for the "biggest shift in enterprise application development" in more than a decade. [39]

Funding

In December 2008, Appcelerator closed a $4.1 million first venture round led by Storm Ventures and Larry Augustin. [11] [40] Later, in October 2010, the company announced a partnership with PayPal and that it has raised $9 million in Series B funding from investors including Sierra Ventures and eBay. [41]

Appcelerator raised $15 million in Series C funding led by Mayfield Fund, Red Hat, and Translink Capital in November 2011, and a further $12.1 million in a round led by EDBI, the venture fund of the Singaporean government's Economic Development Board, in July 2013. [42] [43] [44]

On August 25, 2014, Appcelerator announced $22 million in Series D funding led by Rembrandt Venture Partners. [45] Total funding for the mobile engagement platform to date is more than $90 million. [4]

Marketing awards

See also

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