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APLOS RECEIVES $2 MILLION FUNDING Featured

Aplos softwareAplos Software, which makes cloud-based nonprofit software, has raised $2 million in financing from private investors. The Fresno, Calif.-based company said the proceeds will be used to expand the company's suite and accelerate development of features for its nonprofit accounting and donor management software. Funds will also be used to release an API to integrate with other web-based packages used by churches and nonprofits.

Aplos said it has now raised $3.4 million and also applied the new funds to expanding support and marketing teams. In January, the company reduced subscription for Aplos Accounting to $12 per month for one user or $20 per month for unlimited users.

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