UMC Capital and the Arm-backed Hopu-Arm Innovation Fund backed enterprise AI software developer Appier in a round that almost doubled its overall funding to $162m.
Taiwan-based enterprise software tool developer Appier received $80m yesterday in a series D round featuring UMC Capital, the corporate venturing arm of semiconductor producer United Microelectronics Company.
The round included Hopu-Arm Innovation Fund, a joint venture between mobile chipset manufacturer Arm and private equity firm Hopu Investment Management, as well as Pavilion Capital, Jafco Investment, TGVest Capital and Insignia Venture Partners.
Founded in 2012, Appier markets artificial intelligence-equipped software used by more than 1,000 digital marketing clients to build personalised…
