October 22nd, 2007
eVapt; Operational Solutions for SaaS

The new kids in the Austin Technology Incubator, eVapt is trying to make life for companies that provide software as a service (SaaS) much easier. For instance if you’re readying your SaaS offering, you’ve got to think about your contract with your users. You will need to create a contract, and think about things like charging via flat fee, user-based fees, or usage models. eVapt also provides a dashboard for the various services it provides.
These folks are new, young, and emerging. It doesn’t appear that they’ve launched anything yet, but we’re looking forward to seeing some interesting things!
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The new kids are growing up fast. eVapt closed a seed round of funding led by Applied Reasoning last week. “Applied Reasoning, with its emphasis on Austin-based technology companies, is the perfect investor to help fuel our growth,” said Divakar Jandhyala, CEO, eVapt Inc. Congratulations to the team!
The press release is at http://www.prweb.com/releases/2008/01/prweb636271.htm.
Bart Bohn
Austin Technology Incubator