App Platform Mendix Raises $25M in Series B Funding
January 24, 2014
Mendix, an app platform company for the enterprise, has closed a $25 million Series B investment round led by Battery Ventures. The investment will fuel the company’s continued global expansion, product development and sales efforts. It builds upon Mendix’s growing community of developers, customers and partners who use the Mendix platform to build, integrate and deploy Web and mobile applications faster than traditional development methods.
Headquartered in Boston, the company opened its new European headquarters in the Netherlands, as well as a new office in the U.K., in 2013. Mendix previously raised $13 million of Series A funding in 2011 from HENQ Invest and Prime Ventures (also an investor in the latest round).