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Allego Closes Q2 with 270 Percent Growth; Doubles Customer Base in First Half 2016

Most profitable quarter on record, Industry recognition, and continued expansion of customer portfolio with global brands fuels continued growth trajectory

Needham, MA – July 19, 2016 Allego, the leading mobile-video sales learning platform, today announced a record second quarter 2016, marked by a 270 percent growth rate over the same quarter last year. In the first half of the year, Allego saw continued rapid adoption of its leading mobile-video sales enablement and training platform, adding major enterprise brands, including CooperVision and Red Hat, to its expansive customer portfolio. The company closes its second quarter with more than 30,000 global users and record customer expansion and renewal rates.

Click to tweet: Q216 results show 270 percent growth for @AllegoSoftware!

“Allego’s strong ongoing adoption by global enterprises in multiple industries supports our assertions around the market need for more efficient and effective sales enablement and training tools,” said Yuchun Lee, CEO and co-founder of Allego. “B2B buyers are more connected, knowledgeable and prepared than ever before and sales forces must be equally nimble to meet their needs. Allego’s sales-learning platform, combined with our proven adoption and engagement methodology focused on customer success, continues to prove highly successful in empowering sales teams with relevant content, invaluable collaboration and necessary insights from the field to excel.”

During the past six months alone, Allego has been honored with the following awards and recognition:

“Our research shows that video is the most effective sales content for engaging across sales teams, as well as with customers and buyers,” noted Jim Lundy, founder and CEO, Aragon Research. “When we say ‘video is the new document for sales’, we make this assertion because video can make the difference between getting a lead to convert or a prospect to act. The challenge for sales professionals is that there has historically been no easy way to create or access video content due to technology constraints.  Allego is breaking through these barriers, enabling the new generation of millennials and their tenured counterparts.”

About Allego

Allego provides an intuitive sales learning platform that boosts sales performance by harnessing the power of mobile devices to transform enablement and training through video content sharing. With Allego’s mobile-first platform, organizations can create and curate the best content from the field and corporate office to better train and collaborate with sales teams, without the time and expense typically associated with in-field coaching or on-site training. Users can easily access relevant, quality content, anytime, anywhere, allowing them to capture their best ideas, master their pitch and accelerate their performance. Tens of thousands of global users across a range of industries have adopted Allego to improve sales success. Explore further at www.allego.com.

Media Contacts

Allego
Allison Rynak
+1 781-400-2035 x22
arynak@allego.com

Alex Foley/Tim Hurley
Matter Communications
+1 978-499-9250
afoley@matternow.com
thurley@matternow.com