CAMBRIDGE, Mass. -- April 17, 2007 -- Endeca Technologies, Inc., an enterprise information access software company, today announced that it has been named as the fastest growing private company in Massachusetts. The distinction was part of the Boston Business Journal's annual BBJ Pacesetters ranking of private businesses across all sectors and was based on revenue growth from 2003 to 2006. Endeca earned the top spot, reporting revenue growth of 1066.67% during that period, from just under $6,000,000 in 2003 to nearly $70,000,000 in 2006.
"This honor is a tribute to the entrepreneurial spirit, ingenuity and hard work of the entire Endeca team, as well as important recognition that Massachusetts remains one of the most fertile and favorable locations for building high growth enterprise software companies," said Steve Papa, chief executive officer of Endeca. "The secret to our rapid success has been, and will continue to be, finding the best and brightest people to build our business -- people who embrace change and constantly question assumptions. Quite simply, we seek and attract people who want nothing less than to build the world's next great software leader."
With annual revenue growth exceeding 100 percent each of the past five years, Endeca is one of the fastest growing software companies in the world. Endeca's customers include market leaders like Bank of America, Boeing, Cox Newspapers, The Guardian, Nike and Walmart.com and government agencies like the Defense Intelligence Agency and the National Cancer Institute. These organizations use Endeca's information access technology to power new classes of Web and enterprise information applications used by millions of users.
About Endeca
Endeca is a next-generation information access company, uniting the ease of search with the analytical power of business intelligence. Combining patented intellectual property, breakthrough science and a deep focus on user experience, the Endeca Information Access Platform helps people find, analyze and understand information in ways never before possible. Leading global organizations like ABN AMRO, Bank of America, Boeing, Cox Newspapers, Dice, The (US) Defense Intelligence Agency, The Home Depot, Hyatt, IBM, John Deere, The Library of Congress, Nike, and Walmart.com rely on Endeca to power business-critical applications that increase revenue, reduce costs and streamline operations.
Headquartered in Cambridge, MA, USA, Endeca is a private company with worldwide operations. For more information: www.endeca.com or info@endeca.com.