Israel-Based Applango USA Opens Headquarters At Stamford, Connecticut, Innovation Center
03/27/2014
The firm develops software that provides analytics and business intelligence for Enterprise SaaS or Software as a Service applications that enable companies to optimize their usage. “Israel’s economy is one of the strongest and most dynamic of the industrialized nations, becoming known as the nation of startups. It is important for Connecticut’s long-term economic viability that we develop partnerships with Israel and its many innovative and creative companies,” said Governor Dannel P. Malloy. “Supporting Applango USA and its project makes good business sense and builds on other efforts the state is taking to strengthen economic ties with Israel.”
The Connecticut Department of Economic and Community Development will provide Applango with a $100,000 grant to support the project.
“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 CEO Daniel Sarfati.“Applango's management also found a welcoming business community striving to actively contribute on a daily basis to its success.”
“My recent trade mission to Israel put in place a foundation for greater collaboration and cooperation on the academic, business and government levels,” said DECD Commissioner Catherine Smith.“A new study by the New England-Israel Business Council details the tremendous economic impact Israeli companies have when they start their US operations.Our pitch to Israeli companies:choose Connecticut. Here you get the benefits of access to the entire east coast market with a fraction of the cost of moving to the New York or Boston markets.”
Project Announcements
United Arab Emirates-Based Hotpack Plans Edison, New Jersey, Manufacturing Operations
05/12/2025
SSAB Expands Axis, Alabama, Production Operations
05/12/2025
Carnival Corporation Plans Miami, Florida, Headquarters Operations
05/12/2025
Merck Animal Health Expands De Soto, Kansas, Manufacturing Operations
05/12/2025
Oxford Technologies Plans Bay County, Florida, Manufacturing Operations
05/12/2025
PPG Plans Shelby, North Carolina, Manufacturing Operations
05/12/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
The Location Economics of Advanced Nuclear
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Is It Time to Start Planning for Quantum Data Centers?
Q1 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024