Sierra Ventures’ portfolio company, Appcelerator, is acquired by Enterprise software company Axway

Sierra Ventures would like to congratulate the Appcelerator team for being acquired by Axway (Euronext: AXW.PA), a global software company with more than 11,000 public- and private-sector customers.

Sierra Ventures has seen Appcelerator grow since 2006, with a huge developer ecosystem (over 800,000 strong, and hundreds of ISVs) all using the award winning Titanium, a powerful mobile development platform standard developed by Appcelerator.

Jeff Haynie, CEO and Co-Founder of Appcelerator, shares his perspective and excitement about the acquisition and what the future holds for the mobile development market.

Read TechCrunch’s opinion on how this acquisition gives enterprises an end-to-end solution for ingesting data to making it available on mobile devices: