Though AppBridge was only incorporated nine months ago, Cam Wallin’s Vancouver-based startup is already taking in revenue from sales of and services provided by its beta software.
“We have had no investment whatsoever aside from the two original founders and we’ve been effectively bootstrapped from the ground up,” co-founder and CEO Wallin told Business in Vancouver.
The early stage company specializes in providing businesses with ways to migrate mountains of data through Google (Nasdaq:GOOG) Apps and Microsoft (Nasdaq:MSFT) SharePoint.
AppBridge is just one of 10 startups vying for some of the $300,000 in funding being given away September 22 at the B.C. Innovation Council-New Ventures competition.
Other companies looking to score big investments include WTFast, which reduces lag time for online gamers; RosterBot, an app that serves as a personal assistant for sports coaches and managers; and Aspect Biosystems, which is using 3D printing to develop human tissue.
Past winners of the competition include Wallin’s former employer, Metalogix, which was the first company to develop a content migration solution for Microsoft.
Wallin and AppBridge chief technology officer Matt McKinnon spent five years working together at Metalogix.
“While we were there it was made quite clear that there was a big market in not the Microsoft space, but actually the Google space,” the CEO said.
The CEO said any prize money earned would go to hiring more people.
There are four full-time employees at AppBridge and another four contract workers, but Wallin said the company needs more than that to tackle what’s ahead.
“Content migration for the enterprise (clients) is extremely complex,” he said.
“We’re already up to hundreds of thousands of lines of code and we’re going to be in the millions fairly shortly here, so there’s a huge challenge to get all that down.”
