An Indianapolis-based tech company that helps businesses manage their Software-as-a-Service application portfolios has reached a milestone. Zylo is celebrating its fifth anniversary this week, while also announcing plans to grow its staff and office footprint.

The company, which was founded in 2016, says it created the category of SaaS management knowing its platform would be necessary for future employee engagement and IT effectiveness.

“Five years later, Zylo continues to lead the market and bring forward new products and services to help customers get the most out of their SaaS portfolios,” said Eric Christopher, chief executive officer and co-founder of Zylo. “In the past six months, we have successfully launched three major product innovations, have significantly grown our employee headcount and have received a strategic investment from Coupa Ventures — all of which will enable us to keep innovating and further develop our offerings.”

The company says it plans to increase employee headcount by 50% in 2021. Zylo also says it will expand its office this summer, adding approximately 25,000 square feet of space.