Har Hotzvim-based 200Apps sold to US-based company

Har Hotzvim-based 200Apps has sold to US-based American Technology Services (ATS), The Jerusalem Post has learned.

The company was founded in 2014 by CEO Alex Ya’akobov and developed over 250 applications for clients globally. Their customer list included the Jewish Agency, Toys R’ Us and Koren Jerusalem. Their recent work with the Jewish Agency included a peer-to-peer lending service.

Ya’akobov told the Post that “the company didn’t put much money into sales and marketing over the past few years due to the strong demand they developed. However, we knew that in order to continue to expand we would need to build out a sales operation and grow the team.”

Credit: The Jerusalem Post

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