Albany Business Review | May 30, 2014

Software Developer Apprenda Moves to Troy

Software developer Apprenda soon will move its headquarters to Troy, New York, closer to the available talent at Rensselaer Polytechnic Institute.hedley blg2 The move to First Columbia’s Hedley Park Place, a historic building overlooking the Hudson River in downtown, was finalized this month. While the move is less than 15 miles from Apprenda’s Corporate Drive location in Clifton Park, the company’s founders expect the closer proximity to RPI to make a difference.hedley blg2 Two of the Apprenda’s founders are RPI graduates, Abraham Sultan and Sinclair Schuller. The Troy university has been an excellent resource for employee recruiting, according to a release. Apprenda develops code that allows its customers to perform computer applications, such as ATM transactions for banks. Its clients include JP Morgan Chase,Honeywell, McKesson andAmerisourceBergen. The new Troy headquarters, which the company is leasing, will occupy 20,000 square feet of space on the fourth floor of the Hedley building, with an option to grow to 35,000 square feet within two years. Founded in 2007, Apprenda has landed multiple rounds of venture funding. Its unlikely location in upstate New York earned it the title of “the anti-Silicon Valley startup” from Forbes Magazine.