HERNDON, Va.--(BUSINESS WIRE)--Tech 2000, Inc. (Tech 2000), a leading education technology and solutions company, has raised $3 million in a subordinated secured debt and preferred stock offering to affiliates of Boston-based U.S. Boston Capital Corp.
“We’re super excited about this funding round, which will allow us to aggressively expand our appnetic and Lumious enterprise software as a service (SaaS) businesses,” said Tien Wong, CEO of Tech 2000.
appnetic is a SaaS-based mobile sales enablement platform which solves several pain points for its customers:
Sales reps are not fully prepared for sales calls
Sales reps use
the wrong or dated collateral
Sales reps don’t follow the proper
sales process
Long training periods for new sales reps and account
managers
No audit trail for the usage of marketing collateral and
presentation materials
No feedback mechanism on marketing collateral
Lack
of an efficient way to push information to the field
appnetic’s target market consists of technology companies and manufacturers with large product portfolios, large field and channel sales teams, broad product portfolios, and/or complex products with rapidly changing product specs. appnetic integrates 4 key functions: native app builder, content manager, content distribution and communications, and analytics. This Summer, the Company released Version 5.0 of appnetic, which is a “managed” (vs. self-serve) offering. The self-serve version will be released in late 2015.
Lumious is an enterprise SaaS platform which enables previously unachievable personalized learning experiences for corporate and higher ed learners by addressing a major problem: very limited data on learners (especially virtual and mobile learners) and their activities, as well as lack of a feedback loop. Lumious solves this problem by capturing data and providing analytics and insights on all learning activities, thereby allowing corporate learning and HR departments to identify outperformers and laggards very early in the training process, provide remediation and personalized learning, increase employee retention and morale, and improve the learning experience of each student.
For a personalized demo of appnetic or Lumious, please email marketing@t2000inc.com.
About Tech 2000 (t2000inc.com)
Tech 2000 provides education technology, software, and mobile solutions to many of the world’s leading brands. We offer a full range of award-winning technology solutions including mobile app development, learning analytics, curriculum and e-learning development, virtual learning platforms, and training delivery.
About appnetic (appnetic.com)
appnetic is a revolutionary B2B SaaS mobile sales enablement platform that allows non-technical managers to create native sales enablement mobile apps deployable to an unlimited number of field sales reps. With patented technology and a focus on incredible user experience, appnetic serves some of the world’s largest technology and manufacturing companies.
About Lumious
The Lumious learning analytics platform enables corporate training and HR department to improve the learning experience and provide “personalized education” for employees. Our proprietary learning analytics engine and learning record store (LRS) provide dashboards and robust insights into the learning activities of each trainee or learner.
