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	<title>GigaOM &#187; Appcore</title>
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		<title>GigaOM &#187; Appcore</title>
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		<title>Looking abroad, Appcore captures $6M to build telco clouds</title>
		<link>http://gigaom.com/2013/03/05/looking-abroad-appcore-captures-6m-to-build-telco-clouds/</link>
		<comments>http://gigaom.com/2013/03/05/looking-abroad-appcore-captures-6m-to-build-telco-clouds/#comments</comments>
		<pubDate>Tue, 05 Mar 2013 15:00:57 +0000</pubDate>
		<dc:creator>Jordan Novet</dc:creator>
				<category><![CDATA[Appcore]]></category>
		<category><![CDATA[on-premise hardware]]></category>

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		<description><![CDATA[With on-premise hardware and cloud applications, Appcore has raised $6 million in Series B funding, demonstrating that on-premise deployments can still makes sense. The company is looking to expand business internationally.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gigaom.com&#038;blog=14960843&#038;post=616547&#038;subd=gigaom2&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://www.appcore.com/">Appcore</a>, a company with on-premise Infrastructure-as-a-Service offerings, has landed a $6 million round of Series B venture funding, showing that on-premise deployments can still play a role for enterprise IT.</p>
<p>Private investors, including some of Appcore&#8217;s first customers &#8212; Iowa-based telecommunications companies &#8212; led the round. A previous investor, Telephone Acquisition Co., also contributed. The investments brings the company&#8217;s total venture funding to $11 million and will go toward bringing on more business in North America and Asia.</p>
<p>Founded in 2008 and based in Des Moines, Iowa, Appcore has gained experience in renting racks and delivering software and cloud-based applications &#8212; one app provides <a href="http://www.appcore.com/appstore/applications/secondsite.html">off-site disaster recovery</a> &#8212; to telecoms that already provide their customers with television, internet and phone service. Last year Appcore started expanding its market to other industries, said Jeff Tegethoff, the company&#8217;s president. Along with the Des Moines headquarters, the company has operations in Australia, Hong Kong, the Philippines, Singapore and New Zealand.</p>
<p>Appcore delivers its package &#8220;anywhere in the world in about 30 days,&#8221; Tegethoff said. On-premise deployments can help customers cut latency and protect data, and those advantages have proved more appealing to customers than public-cloud providers such as Amazon Web Services or Rackspace, he said.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gigaom.com&#038;blog=14960843&#038;post=616547&#038;subd=gigaom2&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/GigaOM_RSS_300x250&#038;sz=300x250&#038;c=556995"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/GigaOM_RSS_300x250&#038;sz=300x250&#038;c=556995" /></a></p><p><strong>Related research and analysis from GigaOM Pro:</strong><br />Subscriber content. <a href="http://pro.gigaom.com/?utm_source=cloud&utm_medium=editorial&utm_campaign=auto3&utm_term=616547+looking-abroad-appcore-captures-6m-to-build-telco-clouds&utm_content=gigajordan">Sign up for a free trial</a>.</p><ul><li><a href="http://pro.gigaom.com/2012/03/a-near-term-outlook-for-big-data/?utm_source=cloud&utm_medium=editorial&utm_campaign=auto3&utm_term=616547+looking-abroad-appcore-captures-6m-to-build-telco-clouds&utm_content=gigajordan">A near-term outlook for big data</a></li><li><a href="http://pro.gigaom.com/2011/11/dissecting-the-data-5-issues-for-our-digital-future/?utm_source=cloud&utm_medium=editorial&utm_campaign=auto3&utm_term=616547+looking-abroad-appcore-captures-6m-to-build-telco-clouds&utm_content=gigajordan">Dissecting the data: 5 issues for our digital future</a></li><li><a href="http://pro.gigaom.com/2011/09/what-amazons-new-kindle-line-means-for-apple-netflix-and-online-media/?utm_source=cloud&utm_medium=editorial&utm_campaign=auto3&utm_term=616547+looking-abroad-appcore-captures-6m-to-build-telco-clouds&utm_content=gigajordan">What Amazon&#8217;s new Kindle line means for Apple, Netflix and online media</a></li></ul>]]></content:encoded>
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