Interneer Adds $1.2M

Los Angeles-based Interneer, a company which develops software for developing enterprise applications, said Wednesday that it has raised $1.2M in a funding round from both new and exiting investors. Names of the new investors were not disclosed. According to Interneer, the funding round will be used to expand operations at the firm. Interneer develops a software platform which allows companies to develop business applications without the need for software programming. The firm has previously received funding from GroundWork Equity. GroundWork's Michael Edell currently heads up Interneer as CEO, and headed the fundraising efforts for the firm. More information »