Endeca Reports 116% Quarterly Rev Growth, Plans New Cambridge HQ
NEW ENGLAND TECH WIRE
Aug. 23, 2006
Cambridge, Mass. -- Endeca, a privately held provider of information access technology, announced on Wednesday that it had revenue growth of 116% for the most recent quarter and that it plans to open a new corporate headquarters in Cambridge's Kendall Square. The company said that its compound annual revenue growth rate exceeds 100% over the past four years. Dan Demmer, president and COO of Endeca, said that the company is experiencing "growth at levels that exceed our most optimistic forecasts -- enabling us to reset an already ambitious bar."
