Just How Big Will AppDirect Get?
By all accounts, AppDirect has no plan of stopping its inorganic growth.
Crunchbase lists its total funding as $475 million. Notable investors include Caisse de dépôt et placement du Québec (CDPQ), a Canadian pension fund and self-described “long-term institutional investor.”
Although CDPQ does have a private equity arm, AppDirect chief operating officer Renee Bergeron said that side hasn’t been involved. And with that statement in mind, Bergeron said CDPQ will be staying in the game with its portfolio companies for a vastly longer time than a private equity investor would.
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