The story
The idea behind FusionCharts was born in 2001 when 16-year-old Pallav Nadhani found himself dissatisfied with Microsoft Excel's charting capabilities while using the program to complete high school class assignments. Nadhani subsequently authored an article on Wrox Press's ASPToday.com technology website which examined the thesis that Macromedia Flash, then used mainly for web banners and pop-up ad, could be used to build an interactive charting solution for business applications such as dashboards and reports. The article earned him $1,500 and feedback from developers, which together acted as seed money and motivation for establishing the FusionCharts concept.
In 2002 at 17, Nadhani founded Infosoft Global. The initial product had six charts and was built using ActionScript. Nadhani worked alone developing the product, website, documents, sales and marketing and customer support for the first three years. As the company began to take off in 2005, he acquired office space in Bangur, Kolkata and hired 20 employees over the following 2–3 years. The venture grew during this period without raising external funding by bootstrapping.
By 2009, the company had moved to Salt Lake City, Kolkata, and had grown to over 50 employees. Since moving to Salt Lake, the staff has expanded significantly, and in 2011 FusionCharts opened their second office in Bangalore. FusionCharts serves customers across multiple countries and business sectors.
Co-founder Pallav Nadhani is the CEO of FusionCharts and also runs a seed funding venture capital fund named Seeders Inc.
In March 2020, the company was acquired by Idera, Inc., a U.S.-based software company.
From Wikipedia’s article on FusionCharts, shared under CC BY-SA 4.0.3