CAMBRIDGE, Mass. – April 29, 2008 – Endeca Technologies, Inc., an enterprise information access software company, today announced that it has been named as one of the fastest growing private companies 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 2004 to 2007. Endeca earned a top spot, reporting revenue growth of 1080% during that period, from just under $10 million in 2004 to more than $108 million in 2007.
“We’ve strived to foster a culture that thrives on change at Endeca and have always sought team members who excel under those conditions. It is this energy and enthusiasm that has fueled our rapid evolution from specialized challenger into a company redefining the markets that we serve,” said Steve Papa, chief executive officer of Endeca. “This achievement is a recognition of our team, and we are extremely proud to be recognized for our commitment to continued innovation.”
Endeca’s information access technology is used across a wide range of industries and use cases and spans three established technology segments: enterprise search, business intelligence and databases. More than 40 of the top 100 online retailers use Endeca to power their shopping experiences and online merchandising. Of the 18 Federal agencies that make up the US intelligence community, 12 use multiple Endeca applications to explore and analyze mountains of human, signal, and imagery intelligence. And two of the Big 3 Automotive manufacturers are among the dozens of the world’s largest aerospace & defense, automotive, consumer electronics, heavy equipment and industrial equipment manufacturing companies that use Endeca to improve product designs, reduce materials costs and streamline their supply chains.
Endeca’s customers include market leaders like ABN AMRO, Boeing, Cox Newspapers, Dell, Marriott, Nike, Standard Chartered Bank, Walmart.com and government agencies like the Defense Intelligence Agency and the Environmental Protection Agency.
About Endeca
Endeca's innovative information access software helps people explore, analyze, and understand complex information, guiding them to unexpected insights and better decisions. The Endeca Information Access Platform, built around a new class of access-optimized database, powers applications that combine the ease of searching and browsing with the analytical power of business intelligence. More than 500 leading global organizations including ABN AMRO, Boeing, Cox Newspapers, the (US) Defense Intelligence Agency, Dell, Ford Motor Company, Hyatt, IBM, John Deere, the Library of Congress, Texas Instruments, and Walmart.com rely on Endeca to power business-critical applications that increase revenue, reduce costs, and streamline
operations.
Headquartered in Cambridge, MA, Endeca has operations in North America, Europe and Asia. For more information: endeca.com or info@endeca.com.
Contacts:
Craig VerColen
Endeca
617-674-6190
cvercolen@endeca.com