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Founded Year

1993

Stage

Acquired | Acquired

Total Raised

$7M

About Venetica Corporation

Venetica Corporation was a company based in Charlotte, North Carolina. Venetica Corporation was acquired in 2004. Venetica was a provider of enterprise content integration software that enables organizations to access unstructured information such as business documents, still images, digital media and Web pages, and integrate it into existing business processes. The software addresses the growing customer need to gain real-time access to business information that is scattered across the enterprise. As a result, organizations can reduce the cost and complexity of business-critical initiatives such as improving customer service, complying with regulations, and consolidating operations following a merger.Without having to rip or replace infrastructure, applications can quickly integrate with multiple repositories that contain documents, images, reports and other digital assets that are stored in the DB2 Content Manager family, Lotus Notes, Documentum, FileNet, Hummingbird, Interwoven, Open Text, Stellent and other repositories.IBM made the decision to acquire Venetica based on increasing demand from customers and partners to extend its information integration capabilities to help companies manage all forms of information across the enterprise. According to industry analysts, the opportunity for business integration software is expected to exceed $10 billion by 2006. IDC also estimates that companies are now spending as much as 40 percent of their annual IT budgets on integration.

Venetica Corporation Headquarter Location

1230 West Morehead Street Suite 400

Charlotte, North Carolina, 28208,

United States

704-926-3000

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Latest Venetica Corporation News

Entrepreneur Ryan Graciano on starting Credit Karma and the future of fintech in the digital era

Dec 13, 2020

Ryan Graciano, Co-founder and CTO, Credit Karma, has passed through the initial hurdles with Credit Karma and has today successfully emerged on the other side.Before starting Credit Karma, Ryan was working for a company called Venetica in Charlotte, North Carolina, with a team of 60 people.During this time, he met Kenneth Lin, the present Co-founder and CEO of Credit Karma, and they started discussing about credit information and offering credit score for free.In 2007, they got together and started Credit Karma, a free credit and financial management platform, along with Nichole Mustard.Credit Karma had 30,000 members in its first two to three months itself, and this just blew the world away. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.

  • When was Venetica Corporation founded?

    Venetica Corporation was founded in 1993.

  • Where is Venetica Corporation's headquarters?

    Venetica Corporation's headquarters is located at 1230 West Morehead Street, Charlotte.

  • What is Venetica Corporation's latest funding round?

    Venetica Corporation's latest funding round is Acquired.

  • How much did Venetica Corporation raise?

    Venetica Corporation raised a total of $7M.

  • Who are the investors of Venetica Corporation?

    Investors of Venetica Corporation include IBM, CRV and General Catalyst.

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