Founder Christopher Lindblad Type of business Private | Website www.marklogic.com Founded 2001 | |
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Key people Gary Bloom, CEOChristopher Lindblad, co-founder Products MarkLogic licenses, support, and consulting services CEO Gary L Bloom (17 May 2012–) Profiles | ||
MarkLogic Corporation is an American software business that develops and provides an enterprise NoSQL database, also named MarkLogic. The company was founded in 2001 and is based in San Carlos, California. MarkLogic is a privately held company with over 500 employees and has offices throughout the United States, Europe, Asia, and Australia.
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MarkLogic has over 550 customers, including Aetna, BBC, Boeing, Broadridge Financial Solutions, Centers for Medicare & Medicaid Services, Condé Nast, Dow Jones, McGraw Hill Financial, NBC, Wiley, U.S. Army, U.S. Navy. Also, six of the top ten global banks..
According to Wikibon, based on 2014 revenue, MarkLogic was at that time the leader among NoSQL databases, and appeared in the Gartner Leaders Quadrant in the Magic Quadrant for Operational Database Management Systems.
History
MarkLogic was first named Cerisent and was founded in 2001 by Christopher Lindblad, who was the Chief Architect of the Ultraseek search engine at Infoseek, and Paul Pedersen, a professor of computer science at Cornell University and UCLA, and Frank R. Caufield, Founder of Darwin Ventures, to address shortcomings with existing search and data products. The product first focused on using XML document markup standard and XQuery as the query standard for accessing collections of documents up to hundreds of terabytes in size.
In 2009 IDC mentioned MarkLogic in a report as one of the top Innovative Information Access Companies with under $100 million in revenue.
In May 2012, Gary Bloom joined MarkLogic as Chief Executive Officer. He held senior positions at Symantec Corporation, Veritas Software, and Oracle, where he was once considered the successor to Larry Ellison. Also in 2012 MarkLogic was selected by the BBC to power its Olympic Data Services of the 2012 London Olympics.
Since 1 October 2013, MarkLogic has been used to help power the U.S. government healthcare.gov site, launched to support the Patient Protection and Affordable Care Act (ACA). The site had trouble at launch, and according to the New York Times, the main contractor for ACA originally objected to using MarkLogic.
In February 2015, NBC launched a mobile app for its iconic Saturday Night Live show, and as of September 2015, the app had been used to stream over 100 Million clips. MarkLogic is the database used for storing and searching metadata, and the app also has a predictive engine connected to the database that keeps users engaged with the content.
Funding
MarkLogic got its first financing of $6 million in 2002 lead by Sequoia Capital, followed by a $12 million investment in June 2004, this time lead by Lehman Brothers Venture Partners. The company received additional funding of $15 million in 2007 by its existing investors Sequoia and Lehman. Same investors put another $12.5 million into the company in 2009.
On 12 April 2013, MarkLogic received an additional $25 million in funding, led by Sequoia Capital and Tenaya Capital. On 12 May 2015, MarkLogic received an additional $102 million in funding, led by Wellington Management Company, with contributions from Arrowpoint Partners and existing backers, Sequoia Capital, Tenaya Capital, and Northgate Capital. This brought the company's total funding to $173 Million and gave MarkLogic a pre-money valuation of $1 billion.
Products
The MarkLogic product is considered a multi-model NoSQL database for its ability to store, manage, and search JSON and XML documents and semantic data (RDF triples). According to Computerworld.uk, organizations rely on the flexibility and agility of MarkLogic in order to integrate massive amounts of data and build large scale web applications.
Releases
Licensing and support
MarkLogic is available under various licensing and delivery models, namely a free Developer or an Essential Enterprise license. Licenses are available from MarkLogic or directly from cloud marketplaces such as Amazon Web Services and Microsoft Azure.
Technology
MarkLogic is a multi-model NoSQL database that has evolved from its XML database roots to also natively store JSON documents and RDF triples, the data model for semantics. In addition to having a flexible data model, MarkLogic uses a distributed, scale-out architecture that can handle hundreds of billions of documents and hundreds of Terabytes of data. Unlike other NoSQL databases, MarkLogic maintains ACID consistency for transactions, and has focused on building enterprise features into every release, including a robust security model certified according to the Common Criteria, and enterprise-grade high availability and disaster recovery. MarkLogic is designed to run on-premises or in the cloud on Amazon Web Services.
Known users
MarkLogic's Enterprise NoSQL database platform is widely used in publishing, government, finance and other sectors, with hundreds of large-scale systems in production. Below are some of the organizations using MarkLogic.