CAMBRIDGE, Mass.–(BUSINESS WIRE)–June 9, 2003–Endeca, the only provider of Guided Navigation(SM) with advanced search solutions, has been selected by Technologic Partners, publisher ofVentureWire, as a winner of its Investors’ Choice award. The award is presented to the ten privately held companies judged most likely to succeed at its Enterprise Outlook conference.
The 8th annual Enterprise Outlook conference focused on the productivity and efficiency of new technologies, and the startups and strategies that are realizing returns on investment now — or likely to do so soon. The conference featured venture-backed companies in Web services, supply chain and relationship management, business analytics, and outsourcing.
Winners were selected from the 74 privately held companies that presented their business plans at the conference. The awards were based on voting by the audience of 400 entrepreneurs, investors, and industry executives, as well as a panel of experts.
“At Enterprise Outlook, we looked for strong companies with a good chance of success in a tough market. By winning the Investors’ Choice award, Endeca showed that it is well on its way,” said Richard A. Shaffer, editor-in-chief of VentureWire and founder of Technologic Partners.
“We are honored to be chosen as a winner of the Investors’ Choice award,” said Steve Papa, CEO and founder of Endeca. “Being selected as one of the privately held companies most likely to succeed validates our on-going business and technology development strategy, as well as our continued commitment to empowering companies to unlock the value in their data.”
Endeca’s Guided Navigation with advanced search solutions help businesses across a variety of sectors like retail, financial services and business-to-business with applications that address the information overload problems associated with content, catalog and enterprise information access and retrieval. Endeca solutions are built on innovative technology that makes it possible for the first time to offer Guided Navigation and advanced search on structured and unstructured information with high performance, and low total cost of ownership, even at massive scale.
About Endeca
Endeca offers innovative advanced search and Guided Navigation(SM) information delivery solutions for companies who need to integrate, discover, and navigate enterprise data to solve the business problems associated with information overload. Endeca technology is already at work for leading retail, financial services and business-to-business companies like Barnes & Noble, Putnam Investments, and Arrow Electronics. Endeca solutions empower users to explore and discover relevant relationships in data and find accurate and precise results with unprecedented speed. Patent-pending algorithms provide a scalable, Web-based infrastructure for data exploration, leading to highly relevant and meaningful search results every time. This technology can be applied across a wide-range of enterprise and customer applications including Customer Relationship Management (CRM) analytics, catalogs, directories, search and portal integration. Endeca is a privately held company headquartered in Cambridge, MA and is backed by leading venture capital firms including Ampersand Ventures, Bessemer Venture Partners and Venrock Associates. Endeca is an IBM Advanced Business Partner and is a preferred provider of IBM’s WebSphere Commerce Group. For more information, please visit www.endeca.com or email us at [email protected].
About Technologic Partners
Technologic Partners is a publishing and events firm that has been covering venture capital and high-tech startups since 1984. Technologic publishes the VentureWire newsletters, including VentureWire Professional, VentureWire Alert, VentureWire Life Sciences, and VentueWire Wireless. Technologic also publishes ComputerLetter, VentureWire Monthly, and Semiconductor Innovation Letter, as well as producing a series of premier investor conferences. More information is available at www.venturewire.com.
Endeca and Endeca InFront are registered trademarks, Endeca Navigation Engine, Endeca ProFind and Endeca Data Foundry are trademarks and Guided Navigation is a service mark of Endeca Technologies, Inc. All other product and service names mentioned herein are or may be registered trademarks or trademarks of their respective companies or organizations.
