AppDirect Raises $110 Million at $1 Billion Valuation

  • Cloud-based software reseller has raised $245 million to date
  • J.P. Morgan Asset Management led latest financing round

AppDirect Inc., which helps software makers sell their products on the Internet, raised $110 million in a funding round led by J.P. Morgan Asset Management and existing investors at a valuation of $1 billion.

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