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Allego Posts 106 Percent Year-Over-Year Growth; Poised for Further Expansion in 2017
Surge in customer adoption propels Allego to close 2016 with strongest quarter on record
Needham, MA – January 24, 2017 – Allego, the leading mobile-video sales learning platform, today announced record quarterly results for Q416, along with over 100 percent year-over-year revenue growth for 2016. The impressive results reflect the market’s accelerating adoption of mobile-video learning to empower sales teams to achieve better results.
A variety of global brands adopted the Allego platform in recent months, including LogMeIn, Apptio and BD (Becton, Dickinson and Company), among many others.
Allego begins 2017 with more than 40,000 global users and record customer expansion.
Click to tweet: A record 2016 for @AllegoSoftware marked by 106 percent yr over yr growth!
“2016 was an extraordinary year for Allego and we’re happy to kick off the New Year on such an exciting growth trajectory,” said Yuchun Lee, CEO and co-founder of Allego. “We’ve known from the start that many of the traditional methods for training and enabling sales teams were outdated and ineffective. Our growth in 2016 is clear evidence that mobile-video learning is making a significant impact for sales teams and that there is a pent-up demand for Allego solutions.”
Along with record growth in 2016, Allego released Allego 4.0, which supports e-learning courses and the highly anticipated “Flash Drills” feature – a new reinforcement learning capability that enables sales reps, investing just a few minutes a day, to better retain knowledge and achieve short- and long-term sales skills mastery through the game-like use of flashcards and spaced-repetition learning. Allego 4.0 addresses the full spectrum of sales training, from full curriculum learning to reinforcement and coaching, to just-in-time learning of best practices for specific sales situations.
Allego was also awarded the 2016 Sales & Marketing Innovative Technology of the Year by the Mass Technology Leadership Council (Mass TLC) and was honored as a Silver Winner in the 8th Annual 2016 Golden Bridge Awards®.
About Allego
Allego’s sales learning platform boosts sales performance by harnessing the power of mobile 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 distributed 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
Matter
Alexandra Foley
+1 978-518-4558