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
The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source IoT framework, today announced that the two organizations’ boards have approved a merger under the OCF name and bylaws. This merger will advance interoperability between connected devices from both groups, enabling the full operating potential of IoT and representing a significant step towards a connected ecosystem.
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Penta Security is a leading vendor for data security solutions, including its encryption solution, D’Amo. By using FPE technology, D’Amo allows for the implementation of encryption technology to sensitive data fields without modification to schema in the database environment. With businesses having their data become increasingly more complicated in their mission-critical applications (such as ERP, CRM, HRM), continued ...
Enterprises have been using both Big Data and virtualization for years. Until recently, however, most enterprises have not combined the two. Big Data's demands for higher levels of performance, the ability to control quality-of-service (QoS), and the ability to adhere to SLAs have kept it on bare metal, apart from the modern data center cloud. With recent technology innovations, we've seen the advantages of bare metal erode to such a degree that the enhanced flexibility and reduced costs that cl...
SYS-CON Events announced today that Embotics, the cloud automation company, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities. With a relentless focus on delivering a premier user experience and unmatched customer support, Embotics is the fas...
SYS-CON Events announced today that Cloudbric, a leading website security provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Cloudbric is an elite full service website protection solution specifically designed for IT novices, entrepreneurs, and small and medium businesses. First launched in 2015, Cloudbric is based on the enterprise level Web Application Firewall by Penta Security Sys...
Intelligent machines are here. Robots, self-driving cars, drones, bots and many IoT devices are becoming smarter with Machine Learning. In her session at @ThingsExpo, Sudha Jamthe, CEO of IoTDisruptions.com, will discuss the next wave of business disruption at the junction of IoT and AI, impacting many industries and set to change our lives, work and world as we know it.
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Governments around the world are adopting Safe Harbor privacy provisions to protect customer data from leaving sovereign territories. Increasingly, global companies are required to create new instances of their server clusters in multiple countries to keep abreast of these new Safe Harbor laws. Is it worth it? In his session at 19th Cloud Expo, Adam Rogers, Managing Director of Anexia, Inc., will discuss how to keep your data legal and still stay in business.
In his session at 19th Cloud Expo, Nick Son, Vice President of Cyber Risk & Public Sector at Coalfire, will discuss the latest information on the FedRAMP Program. Topics will cover: FedRAMP Readiness Assessment Report (RAR). This new process is designed to streamline and accelerate the FedRAMP process from the traditional timeline by initially focusing on technical capability instead of documentation preparedness. FedRAMP for High-impact level systems. Early in 2016 FedRAMP officially publishe...
SYS-CON Events announced today that Impiger Technologies will exhibit in Booth #109 at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Impiger Technologies is a world-class, enterprise software product engineering company specializing in Mobile Application Development, Cloud Applications, Microsoft Technology Solutions, Web Technology and Telecom Services. Impiger Technologies helps enterprises improve busi...
Qosmos, the market leader for IP traffic classification and network intelligence technology, has announced that it will launch the Launch L7 Viewer at CloudExpo | @ThingsExpo Silicon Valley, being held November 1 – 3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The L7 Viewer is a traffic analysis tool that provides complete visibility of all network traffic that crosses a virtualized infrastructure, up to Layer 7. It facilitates and accelerates common IT tasks such as VM migra...
In the 21st century, security on the Internet has become one of the most important issues. We hear more and more about cyber-attacks on the websites of large corporations, banks and even small businesses. When online we’re concerned not only for our own safety but also our privacy. We have to know that hackers usually start their preparation by investigating the private information of admins – the habits, interests, visited websites and so on. On the other hand, our own security is in danger bec...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
As companies adopt the cloud-to-streamline workflow, deployment hasn’t been very seamless because of IT concerns surrounding security risks. The cloud offers many benefits, but protecting and securing information can be tricky across multiple cloud providers and remains IT’s overall responsibility. In his session at 19th Cloud Expo, Simon Bain, CEO of SearchYourCloud, will address security compliance issues associated with cloud applications and how document-level encryption is critical for sup...