HARTFORD, Conn. - Applango Systems USA Inc. will open its U.S. headquarters at the Stamford Innovation Center as part of a project that will expand the company’s regional presence and create four jobs for Connecticut residents, Gov. Dannel P. Malloy announced.
Applango USA, Inc. is a subsidiary of Israel-based Applango Systems.
Applango USA decided to open its headquarters in Connecticut after several successful implementations among New England-based customers as well as its May 2013 graduation from the Microsoft Azure R&D Accelerator program in Israel. The Connecticut Department of Economic and Community Development will provide Applango with a $100,000 grant to support the project and hire four new employees.
“Applango chose to open its U.S. headquarters in Connecticut to be close to its largest customers and to have easy connections to both its base in Israel and to the rest of the U.S.,” said Applango USA’s chief executive officer Daniel Sarfati.
In December 2013, DECD Commissioner Catherine Smith led a trade delegation of businesses and area economic development officials to Israel to facilitate business matchmaking and networking opportunities. The trade delegation focused on the mutual growth sectors of aerospace, clean energy, IT, and biotechnology that are driving the Connecticut and Israeli economies.
The Connecticut trade delegation to Israel resulted in a Memorandum of Understanding between DECD and the Israel Tech Transfer Organization, which is the first step in laying the foundation for better and more productive economic and research collaborations between Connecticut and Israeli businesses, research institutions and universities.
Founded in 2012, Applango develops software that provides analytics and business intelligence for Enterprise SaaS (Software as a Service) applications that enable companies to optimize their usage. SaaS allows organizations to access business functionality at a cost typically less than paying for licensed applications. The Applango team specializes in Enterprise software, in particular Cloud and Big Data applications, with the company’s R&D supported in part by funds provided by the chief scientist of Israel.
Click here to sign up for Daily Voice's free daily emails and news alerts.