Value-added services revenue totaled $185 million in the fourth quarter, an increase of 20% year over year. For the full year, value-added services revenue was $722 million, up 19% year over year. Eaton said AppFolio ended the quarter managing approximately 9.4 million units from 22,096 customers, compared with 8.7 million units from 20,784 customers a year earlier—an 8% increase in units and a 6% increase in customers. About AppFolio (NASDAQ:APPF)AppFolio, Inc is a Santa Barbara–based provider of cloud-based software solutions for the property management and legal industries. Its original offering, AppFolio Property Manager, automates accounting, marketing, leasing, and maintenance functions for residential, commercial, student housing, and community association managers.