AppFolio (NASDAQ:APPF), a provider of a cloud-based platform for managing rental properties and legal cases, climbed 17% after pricing at the low end of the expected range. It raised $74 million.
AppFolio, Inc. is a provider of cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries or verticals. The Company's mobile-optimized software solutions have an interface across multiple devices, enabling its customers to work at any time and from anywhere. The Company's property management software provides small and medium-sized property managers with an end-to-end solution to their business needs, enabling them to manage properties in a single, integrated environment. The Company's legal software provides solo practitioners and small law firms with a streamlined practice and case management solution, allowing them to manage their practices and case load within a flexible system. The Company also offers its professionally designed Websites and electronic payment services to property manager and law firm customers.
Address
50 Castilian Dr
GOLETA, CA 93117-3080
United States
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