ANGLE Portfolio
Exago Ltd www.exago.com
Merged with Corpora plc
Founded by ANGLE Technology in January 2001, Exago Ltd is commercialising eXero, an integrated suite of advanced knowledge discovery, summarisation, collaboration and expertise location software tools which enable individual users and their employers to manage the large volumes of undifferentiated information typical of today's business. Within a single application, eXero provides a personal productivity tool, giving users the ability to find, manage and share only the information that is relevant to their business needs.
Exago's strategy has been to achieve immediate revenue from the licensing of eXero to third parties for selling on to their customer base, or for building into wider solutions. The returns generated are, in turn, funding the medium-term improvement and extension of eXero's functionality and the development of new products based on other IP acquired under the agreement with BT.
In the first year of operations, in difficult market conditions Exago has achieved substantial sales the majority from the UK, through a combination of direct and indirect sales channels. Indirect sales are subsequently forming the major revenue stream as value-added resellers and strategic partners are recruited in the UK, US and European markets. Sales are focused on eXero, but also include the individual tools.
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