Welcome!

Agile Computing Authors: Pat Romanski, Yeshim Deniz, Liz McMillan, Elizabeth White, Zakia Bouachraoui

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.

IoT & Smart Cities Stories
SYS-CON Events announced today that Silicon India has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Published in Silicon Valley, Silicon India magazine is the premiere platform for CIOs to discuss their innovative enterprise solutions and allows IT vendors to learn about new solutions that can help grow their business.
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER gives detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPOalso offers sp...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...