Type Private Founded 1999 | ||
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Industry Information technologyInformation access Area served AmericasEuropeAsiaAustralia Key people Steve Papa (CEO)Dan Demmer (President & CFO) Products Endeca Information Access PlatformGuided NavigationSearch EnginesEndeca Developer Studio Motto find / analyze / understand | ||
Case study steve papa founder of endeca
Endeca was a software company headquartered in Cambridge, Massachusetts, that sold eCommerce search, Customer Experience Management, enterprise search and business intelligence applications. Endeca was founded in 1999 and was a privately held company, backed by venture capital investment from Bessemer, DN Capital, In-Q-Tel, Intel, SAP and Venrock. On October 18, 2011, Oracle Corporation announced its acquisition of Endeca for $1.075B.
Contents
Endeca is recognized as a pioneer of faceted search, particularly in the context of electronic commerce and online libraries. It claims that over 600 customers, including manufacturers, ecommerce sites, media sites, and U.S. intelligence services, are using its Information Access Platform product. It is considered a leader in the enterprise search and information access market by industry analyst firms Gartner, IDC, and Forrester Research
The name Endeca derives from the German word entdecken, meaning "to discover."
Acquisition
On October 18, 2011, Oracle announced it has entered into an agreement to acquire Endeca. The transaction closed on December 5, 2011.