Applango sets out to allow for transparency in organizations. As software tools are increasingly online, organizations too often are spending money on software that doesn’t include comprehensive management tools. IT, sales, and business managers are unsure of who is following company process, whether the software tools are helping their organizations, or even whether the software licenses are being used at all.
At Applango we are committed to helping our customers perform better through tools that allow insight into usage of SaaS. As IT professionals ourselves, we know the frustration of spending IT budgets without being able to be fully accountable for the adoption rates of our employees.
Applango was founded in 2012 and has been providing its services to a variety of companies, including those in the Fortune 500. It’s gratifying to hear from customers that they were able to realize ROI within weeks or even days in some cases. Knowing we are providing true value is what inspires us and is the foundation for our success.
In 2015, we launch our Salesforce application. In 2017 we expect to expand our services and analytical capabilities to include usage information from other popular SaaS applications like Box, Workday and Google Apps. Already, companies that heavily leverage SaaS are turning to Applango to gain a greater understanding of their SaaS usage.
Jon Medved is one of Israel’s most renowned investors. In 2012, he founded OurCrowd to facilitate smarter investments into Israeli companies. OurCrowd identifies some of the best and most innovative companies through an extensive due-diligence process and shares that research with its investor community. In 2012, OurCrowd and its investors chose Applango as one of its first recipients of capital.
Tekvest Startup Fund
Applango is also funded by Tekvest Startup Fund is an Angel Investor in startup companies. It was founded by a group of experienced entrepreneurs and professionals with the primary aim of providing funding, guidance, mentoring and contacts to entrepreneurs with promising ideas. Tekvest takes an active role in helping our portfolio companies succeed.
In addition Applango is also funded by a number of European angel investors.