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Stockreport

AppFolio Acquires Utility Analytics Company

APPFOLIO (APPF)  More Company Research Source: GlobeNewswire
Last appfolio earnings: 10/29 04:10 pm Check Earnings Report
PDF SANTA BARBARA, Calif., Sept. 04, 2018 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF), a leading provider of cloud-based business software solutions in the real estate and legal markets, announced the completion of the acquisition of substantially all of the assets of WegoWise, Inc., a provider of cloud-based utility analytics software for approximately 700,000 units, most of which are multi-family. The WegoWise platform empowers building owners and managers to better manage operating and capital expenditures relating to utilities, and includes the following offerings: Automated utility data acquisition and analyticsPeer-to-peer performance benchmarkingSpike trackingUtility compliance reportingEPA Energy Star Portfolio Manager integrationRetrofit measurement and verificationGreen loan qualification and compliance reporting With utility management a top priority for large portfolio property managers and owners, the WegoWise acquisition is expected to serve as a building block for [Read more]

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