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Appcore
Leading cloudstack solutions company focused on simplifying the complexity of cloud management
About Appcore
Founded in 2008, Appcore operated from Des Moines, Iowa, as a provider of cloud infrastructure management solutions before being acquired by IBM on August 17, 2015. The company was established to simplify the complexity of cloud technology for service providers, such as telecommunications companies and data centers, as well as for enterprise clients. Jeff Tegethoff served as the CEO, with Brian Patrick Donaghy also being a key figure in the company's leadership.
Appcore's core business centered on its cloud management software suite, which facilitated the deployment and operation of both enterprise private clouds and service provider public clouds. The company's flagship product, Appcore AMP (Automation Management Platform), was a converged infrastructure system that automated the orchestration of computing, storage, and applications. This platform was designed to be technology-agnostic, supporting various hardware, hypervisors, and storage types through a single interface. Initially delivered as a fully integrated hardware and software rack, Appcore later evolved to offer the software as a 2U appliance or a white-label solution to run on customers' existing infrastructure. A key milestone was the 2014 launch of Appcore Atlas, a multi-cloud management tool that enabled service providers to deploy and monitor enterprise cloud environments in under 15 minutes.
The firm's business model was based on selling its software and converged infrastructure solutions, enabling clients to launch their own branded cloud services rapidly. By providing a comprehensive platform that included self-service provisioning, monitoring, metering, and billing capabilities, Appcore addressed a critical market need for telcos that lacked the in-house expertise to build and manage complex cloud environments from scratch. Throughout its operation, the company secured approximately $11.5 million in funding over three rounds from investors, including Interstate Communications, Broadhorn, and OmniTel Communications.
Source: Dealroom company dataAt a glance
- Founded
- 2008
- Headquarters
- Des Moines, United States
- Sector
- Hosting
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Jeff Tegethoff
Broadhorn Capital
Source: Dealroom Talent Intelligence.
Global footprint
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