NEW YORK, June 26, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of AppFolio, Inc. (Nasdaq:APPF), a leading provider of cloud-based vertical business management software, commenced on The Nasdaq Stock Market on June 26, 2015.
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Headquartered in Santa Barbara, California, AppFolio, Inc. provides industry-specific, cloud-based software solutions used by over ten thousand small and medium-sized businesses in the property management and legal industries. AppFolio's platform is designed to be the system of record to automate essential business processes and the system of engagement to enhance business interactions between AppFolio customers and their clients and vendors.
"AppFolio, Inc. is bringing cloud-based solutions, often reserved for large enterprises, to SMBs in specific industries and really transforming the way they operate and grow their businesses," said Nelson Griggs, Executive Vice President, Listing Services at Nasdaq. "We are proud to welcome AppFolio to our family of innovative companies, and we look forward to supporting its growth and success in the future."
By listing on Nasdaq, AppFolio, Inc. joins many of the world's largest and most revolutionary companies. Nasdaq is the exchange of choice for 72 percent of technology companies that have listed on the U.S. markets.
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Source:The NASDAQ OMX Group, Inc.