Plug and Play Becomes Shareholder in OpenLegacy
Princeton, N.J. – 19 September 2019 – OpenLegacy, which accelerates digital transformation of on-prem and legacy systems with microservices-based APIs, and Plug and Play, known for bringing together the best startups with the world’s largest corporations, have joined forces to help global enterprises leverage legacy technology for game-changing innovation.
By taking a seat on the OpenLegacy board of advisors, Plug and Play, the global innovation platform, and OpenLegacy strengthen their partnership, better aligning the organizations and reinforcing synergies.
“OpenLegacy exemplifies the startup disruptive technologies and innovation our clients seek,” said Cedric Vallee, Ventures Director. “They’re literally the connector between old and new technologies, which creates vast opportunities for everyone within our ecosystem -- our portfolio companies, VCs, and the world’s leading global enterprises.”
Two of Plug and Play largest corporate partners, BNP Paribas and Cardif, demonstrated the vast importance of OpenLegacy’s technology recently by becoming investors and embarking on commercial engagements.
OpenLegacy hybrid integration platform lets complex, monolithic systems be extended and leveraged for modern digital channels. Organizations can quickly launch digital innovations by automating and standardizing the process of creating digital services using microservices-based APIs. With OpenLegacy, legacy systems can be integrated, leveraged, and extended in a fraction of the time to the latest digital innovations, all without changing the underlying systems.
OpenLegacy, a disruptive start-up, was founded by Romi Stein (CEO) and Roi Mor (CTO), whose many years of experience at major tech companies like IBM and Software AG have resulted in deep understanding of the digital transformation issues faced by large enterprises. This makes OpenLegacy the perfect bridge for Plug and Play companies to understand and resolve issues facing traditional companies.
“Plug and Play is an ideal partner for us,” says Zeev Avidan, Chief Product Officer at OpenLegacy. “By joining forces, we’ll be able to more quickly allow existing enterprises to integrate the latest technologies by leveraging our cutting-edge tech.”
About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, they have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, their programs have expanded worldwide to include a presence in over 25 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 10,000 startups and 300 official corporate partners, they have created the ultimate startup ecosystem in many industries, including Travel & Hospitality. They currently work with JetBlue Technology Ventures, Carlson Wagonlit Travel, Accor Hotels, AirAsia, Swissport, Star Alliance, Trivago, Delta Air Lines, Changi Airport, TUI Group and many more. They also provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in their community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, and PayPal. For more information, visit www.plugandplaytechcenter.com
OpenLegacy helps organizations quickly launch innovative digital services by extending their core (legacy) systems to the web, mobile and cloud in days or weeks versus months. Our API software quickly reduces project backlog by automating and accelerating API creation, deployment, testing and management from core applications, mainframes and databases. Together, business and IT teams can quickly, easily and securely meet consumer, partner or employee demands for digital services without modernizing or replacing core systems, and without special programming skills or invasive changes to existing systems and architectures. Learn why leading companies choose OpenLegacy at http://www.openlegacy.com