AppIt Ventures Raises Investment Round to Support Enterprise App Development Services

DENVER - Feb. 6, 2014 - PRLog -- AppIt Ventures (http://appitventures.com) has announced that it has successfully closed its first round of financing. The funding round was led by angel investor H. Leigh Severance, with additional investment made by Cambiar Investors.

AppIt Ventures will use the capital to support its shift toward enterprise mobile app development. The market for custom app development is rapidly expanding, with an estimated $36 billion dollar market size in 2013 projected to increase to $100 billion in 2015.

Building apps for enterprise clients will facilitate AppIt Ventures’ growth in conjunction with the expanding market for custom software development. The company has already hired a senior iOS developer and a business development specialist. Additional hires are planned in the spring and summer of 2014.

According to AppIt Ventures CEO Rob Carpenter, “More and more enterprises are learning how to leverage mobile apps to become more efficient, increase sales or drive consumer engagements. We’re excited about the opportunity to leverage our experience and skills to serve this new market and help our clients succeed.”

The additional capital and new hires will give AppIt Ventures the capacity and capabilities needed to work with enterprise level clients that have large, complex, and long-term projects. With a strong in-house development team, the company will be equipped to serve as an outsourced IT partner to support the needs of businesses that require custom software development and maintenance.

AppIt Ventures is a boutique, full-service mobile application development company based in Denver, CO. They’re committed to helping their clients achieve their goals through the development of custom mobile software. Copyright (C) 2014 AppIt Ventures. All Rights Reserved.