September 11, 2024 at 01:11PM
StackGen, formerly appCD, closed a $12.3M seed round led by Thomvest Ventures with existing investors, and appointed Arshad Sayyad as Chief Business Officer. Its funding will accelerate product development and enhance its go-to-market strategy. StackGen is revolutionizing infrastructure from code and providing seamless, full-stack solutions to meet growing demand from enterprise customers.
From the meeting notes, the key takeaways are as follows:
1. appCD has rebranded itself as StackGen and announced the close of a $12.3M seed round of funding.
2. StackGen will utilize the funding to accelerate product development, enhance its go-to-market strategy, and fuel company growth.
3. The company’s vision for the future of infrastructure from code is encapsulated in its new name, StackGen, which aims to provide seamless, full-stack infrastructure solutions.
4. StackGen’s rebranding reflects the company’s commitment to providing comprehensive infrastructure solutions that span the entire technology stack.
5. The company has expanded its leadership and go-to-market team with the appointment of Arshad Sayyad, Danielle Cook, and Lauren Rother.
6. StackGen launched its Dev Edition in March and has already seen significant interest, demonstrating the growing demand for innovative infrastructure from code technologies.
If you need further details or have any specific questions, please feel free to ask.