Congratulations to Tech Valley startup, creator of SaaSGrid, Apprenda, on closing a five million dollar ($5M USD) round of financing! Along with seed-round investor High Peak Ventures, Apprenda has brought New Enterprise Associates (NEA) on-board for some major VC firepower!
Apprenda is located about 15-20 minutes north of Albany, and uses some verrrrry cool .NET technology to automagically convert your single-tenant apps to multi-tenant without you having to change your code or data model. SaaSGrid also facilitates granular monetization of your offering.
Congrats Apprenda team!