SYS-CON MEDIA Authors: Carmen Gonzalez, Liz McMillan, Elizabeth White, Pat Romanski, Kevin Jackson

News Feed Item

Xamarin Raises $54 Million in Series C Funding to Take the Company’s High-Growth Model to New Aspects of the Mobile Application Development Lifecycle

Xamarin, the world’s fastest-growing mobile application development platform, today announced a $54 million Series C financing round—the largest single round raised by any mobile application platform company—led by new and existing investors, including Charles River Ventures, Floodgate, Ignition Partners, Insight Venture Partners, and Lead Edge Capital. The company has now raised a total of $82 million in three rounds of funding. Xamarin will use the new funding to expand its mobile app development platform and cloud services to solve problems for all mobile developers throughout the app lifecycle, and to expand sales and marketing teams globally.

The funding is driven by Xamarin’s substantial business momentum in just three years - building a community of more than 700,000 developers, and with customers now in more than 150 countries. Xamarin enables developers to design, build, integrate and test mobile apps, and delivers comprehensive online mobile training through Xamarin University.

As consumers and employees increasingly rely on mobile devices for day-to-day tasks, there is growing demand from businesses to create rich native mobile applications. According to IDC, the mobile enterprise application development platform market will grow from $938.5 million in 2012 to $4.8 billion in 2017. To address this surging demand, businesses need a mobile application development platform that makes it easy to deliver world-class mobile experiences to employees and customers around the world, on a plethora of mobile devices.

Xamarin has the only mobile application development platform that produces fully native iOS and Android apps using a single, shared C# code base, a language used by six million developers worldwide—bridging one of the largest developer bases in the world to the most successful mobile device platforms. This means businesses are able to leverage their existing teams and re-use tools and code for mobile development, vastly accelerating consumer and enterprise mobile strategies.

"Mobile is an increasingly strategic channel for us to engage with our readers," said Ian Rosen, Vice President and General Manager, MarketWatch and SmartMoney at Dow Jones. "Xamarin made it possible for our team to build an app much more quickly than we otherwise could have."

The company has also been quick to support emerging platforms as quickly as they are announced. Xamarin was the first mobile application development platform to support Android Wear, Google Glass, Amazon FireOS and FireTV.

Growth of Business and Community

In the last year, Xamarin continued its strong momentum in the enterprise market. The company was recognized by Gartner as a visionary in the 2013 Magic Quadrant report for Mobile Application Development Platforms.

Xamarin has more than 200 consulting partners across the globe building apps for businesses including global system integrators, regional consultancies, and digital agencies. The company also announced major industry partnerships including:

  • Microsoft to make it faster and easier for joint customers to go mobile
  • Salesforce.com to easily connect Xamarin apps to salesforce.com data
  • Samsung to help enterprises deliver secure apps
  • SAP to better integrate SAP mobile solutions and back-end data sources

Xamarin has also created the largest cross-platform mobile development event in the world, Xamarin Evolve 2014. In its second year, the Evolve conference will host more than a thousand mobile developers participating in more than 90 training and conference sessions in Atlanta, GA, October 6-10. Speakers from Facebook, Github, Microsoft and other leading companies will cover mobile development best practices in UI design, app architecture, mobile testing, app distribution, security, analytics, monetization and more.

“Thousands of companies trust Xamarin with their mission-critical employee, business, and consumer apps as they seek to transform customer relationships and business processes through mobile,” said Nat Friedman, Xamarin CEO and co-founder. “This funding enables us to aggressively expand our product portfolio and Xamarin’s market presence around the world, making Xamarin the best choice for building great apps everywhere.”

About Xamarin

Xamarin is the new standard for enterprise mobile development. No other platform enables businesses to reach 2.6 billion iOS, Android, Mac, and Windows devices with fully native apps from a single, shared code base. Xamarin is used by more than 100 Fortune 500 companies to accelerate the creation of mission-critical consumer and enterprise apps. Xamarin’s global customer base in 150 countries includes Dow Jones, Bosch, McKesson, Halliburton, Blue Cross Blue Shield, Cognizant, GitHub, Rdio, and WebMD. Xamarin is a Visionary in Gartner’s 2013 Magic Quadrant report for Mobile Application Development Platforms. For more information, please visit: xamarin.com or follow us @xamarinhq.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that ActiveState, the leading independent Cloud Foundry and Docker-based PaaS provider, has been named “Silver Sponsor” of SYS-CON's DevOps Summit New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. ActiveState believes that enterprises gain a competitive advantage when they are able to quickly create, deploy and efficiently manage software solutions that immediately create business value, but they face many challenges that ...
Companies today struggle to manage the types and volume of data their customers and employees generate and use every day. With billions of requests daily, operational consistency can be elusive. In his session at Big Data Expo, Dave McCrory, CTO at Basho Technologies, will explore how a distributed systems solution, such as NoSQL, can give organizations the consistency and availability necessary to succeed with on-demand data, offering high availability at massive scale.
Today’s enterprise is being driven by disruptive competitive and human capital requirements to provide enterprise application access through not only desktops, but also mobile devices. To retrofit existing programs across all these devices using traditional programming methods is very costly and time consuming – often prohibitively so. In his session at @ThingsExpo, Jesse Shiah, CEO, President, and Co-Founder of AgilePoint Inc., discussed how you can create applications that run on all mobile ...
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what th...
Security can create serious friction for DevOps processes. We've come up with an approach to alleviate the friction and provide security value to DevOps teams. In her session at DevOps Summit, Shannon Lietz, Senior Manager of DevSecOps at Intuit, will discuss how DevSecOps got started and how it has evolved. Shannon Lietz has over two decades of experience pursuing next generation security solutions. She is currently the DevSecOps Leader for Intuit where she is responsible for setting and driv...
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science f...
SYS-CON Media announced that Cisco, a worldwide leader in IT that helps companies seize the opportunities of tomorrow, has launched a new ad campaign in Cloud Computing Journal. The ad campaign, a webcast titled 'Is Your Data Center Ready for the Application Economy?', focuses on the latest data center networking technologies, including SDN or ACI, and how customers are using SDN and ACI in their organizations to achieve business agility. The Cisco webcast is available on-demand.
Thanks to Docker, it becomes very easy to leverage containers to build, ship, and run any Linux application on any kind of infrastructure. Docker is particularly helpful for microservice architectures because their successful implementation relies on a fast, efficient deployment mechanism – which is precisely one of the features of Docker. Microservice architectures are therefore becoming more popular, and are increasingly seen as an interesting option even for smaller projects, instead of bein...
The Internet of Things (IoT) promises to evolve the way the world does business; however, understanding how to apply it to your company can be a mystery. Most people struggle with understanding the potential business uses or tend to get caught up in the technology, resulting in solutions that fail to meet even minimum business goals. In his session at @ThingsExpo, Jesse Shiah, CEO / President / Co-Founder of AgilePoint Inc., showed what is needed to leverage the IoT to transform your business. ...
Datapipe has acquired GoGrid, a provider of multi-cloud solutions for Big Data deployments. GoGrid’s proprietary orchestration and automation technologies provide 1-Button deployment for Big Data solutions that speed creation and results of new cloud projects. “GoGrid has made it easy for companies to stand up Big Data solutions quickly,” said Robb Allen, CEO, Datapipe. “Datapipe customers will achieve significant value from the speed at which we can now create new Big Data projects in the clou...
Cloud Technology Partners on Wednesday announced it has been recognized by the Modern Infrastructure Impact Awards as one of the Best Amazon Web Services (AWS) Consulting Partners. Selected by the editors of TechTarget's SearchDataCenter.com, and by votes from customers and strategic channel partners, the companies acknowledged by the Modern Infrastructure Impact Awards represent the top providers of cloud consulting services for AWS including application migration, application development, inf...
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Media announced that Splunk, a provider of the leading software platform for real-time Operational Intelligence, has launched an ad campaign on Big Data Journal. Splunk software and cloud services enable organizations to search, monitor, analyze and visualize machine-generated big data coming from websites, applications, servers, networks, sensors and mobile devices. The ads focus on delivering ROI - how improved uptime delivered $6M in annual ROI, improving customer operations by minin...
"Blue Box has been around for 10-11 years, and last year we launched Blue Box Cloud. We like the term 'Private Cloud as a Service' because we think that embodies what we are launching as a product - it's a managed hosted private cloud," explained Giles Frith, Vice President of Customer Operations at Blue Box, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.