| Jul 2002 |
Yukio Sakaguchi and Takashi Nakagawa founded Applause Technologies, Inc. in California, USA. (Capital $170K) |
| Aug 2002 |
Started business in Palo Alto, California |
| Dec 2002 |
Completed the basic SPEC of the first product. |
| Jan 2003 |
Contracted with a Japanese major toy/education company |
| Aug 2003 |
Established Applause Technologies, Co., Ltd. In Chiyoda-ku, Tokyo, Japan (Capital 10M Yen ($90K) )
Increased the capital to 176.2M Yen ($1.6M) by VC funding (Series A) |
| Jan 2004 |
Applause Technologies, Inc. moved the office to Sunnyvale. |
| Feb 2004 |
Moved the Japan office to Toshima-Ku, Tokyo. |
| Jul 2004 |
Increased the capital to 401.2M Yen( $3.65M) by VC funding(Series B) |
| Aug 2004 |
Completed the Engineering Sample of the first product(AP2010). |
| Apr 2005 |
Started the mass-production of AP2010. |
| May 2005 |
Moved the Japan Office from Toshima-ku to Shinjuku-ku. |
| Sep 2005 |
AP4010 engineernig samples have been tested and verified. |
| Dec 2005 |
Started the mass production of AP4010. |
| Nov 2007 |
Formed a business aliance with EASTON CO., LTD.
Increased the capital to 451.21M Yen(Series C) |
| Mar 2008 |
Increased the capital to 571.21M Yen(Series D) |
| Jun 2008 |
Increased the capital to 591.21M Yen(Series D, second) |