One year ago, Matygo gradutated from Vancouver-based accelerator GrowLab and went on to raise $515,000 in seed money.
But we have not heard a peep from them since. Until today.
Turns out that right after graduation they made the tough decision to abandon nearly everything they had built and start again—essentially from scratch. Today they announced that they've changed their name from Matygo to Learndot, no longer do what Matygo did, and are launching a new cloud hosted corporate university platformfor growing SaaS companies.
In short, they’ve made it possible for any business to get a best-practice, beautiful corporate university and host it at learn.anybusiness.com. Read the URL to yourself aloud and you'll understand why I believe their rebrand could be the key to their future success.
Today's announcement also mentioned that Learndot now has paying customers including Get Satisfaction who will be using Learndot to deliver their new product certification program
Attention startups with bad names: check out cofounder Paul Lambert's very long and detailed How to name your startup: A 9 month first-hand journey through rebranding.