The story
MarkLogic was originally named Cerisent when it was founded in 2001 by Christopher Lindblad, who was the Chief Architect of the Ultraseek search engine at Infoseek, as well as 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 as one of the top Innovative Information Access Companies with under $100 million in revenue.
In May 2012, Gary Bloom was appointed as Chief Executive Officer. He held senior positions at Symantec Corporation, Veritas Software, and Oracle.
Post-acquisition, the company named Jeffrey Casale as its new CEO.
Funding
MarkLogic received its first financing of $6 million in 2002 led by Sequoia Capital, followed by a $12 million investment in June 2004, this time led by Lehman Brothers Venture Partners. The company received additional funding of $15 million in 2007 from its existing investors Sequoia and Lehman. The 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 May 12, 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.
NTT Data announced a strategic investment in MarkLogic on 31 May 2017.
From Wikipedia’s article on MarkLogic, shared under CC BY-SA 4.0.6