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FirstRain

1510 Fashion Island Blvd. #120
San Mateo, CA 94404
USA
650-356-9040
Website Company Summary Management Team
Management

CEO: Penny Herscher (4/11/05)
President/COO/Operations: Richard Shusterman (1/31/2013); Y. Y. Lee (5/05)
General Management: David Cooke; Aparna Gupta (4/19/2011)
Finance: Eugene Tighe (05/31/2008)
Technology: Martin Betz (8/27/2007)
Business Development: Daniela Barbosa
Customer Service: Nima Niakan
Board

Outside board: (May no longer be on the board) Marc Delude (Ampersand Ventures) Bandel L. Carano (Oak Investment Partners General Partner) Charles Frumberg (Emancipation Capital Managing Partner) Steven Walske (Parametric Technology) Henry (Goldman Sachs Managing Director) Nora M. Denzel (Intuit Former SVP Big Data, Social Design and Marketing)
Advisory board: Sanford Bragg (Integrity Research Associates co-CEO);  Bruce R. Fador (TheStreet.com SVP Professional Products);  Valerie F. Malter (J.P.Morgan Investment Management portfolio manager);  Renny Ponvert (Management CV CEO);  David Rosenfeld (Williams Jones Sr. VP);  Brian Sivin (Media, and Telecommunications Research Practices Director of Technology);  Jeff Stewart (IntrinsiQ VP)
Former outside board: Raman Khanna (Diamondhead Ventures)
Company

Business description: firstRain Market Intelligence™ is the leading software for deploying intelligence applications for enterprises that seek to secure lasting competitive advantage through a comprehensive and continuous understanding of the shifting trends in their marketplace and increased awareness of specific events in the world of their competitors, customers, prospects, partners and suppliers. firstRain Market Intelligence software monitors the internal and external business environment, detecting leading indicators of strategic trends and improving the organization's "reaction time" to critical events. What is needed to address this void is a product that can source and analyze data from every possible unstructured source. The answer—firstRain.
Customers include: AlteraCisco SystemsCventDeyEndeca TechnologiesMetaLogixMicrosoftNetegrityNovartisScientific GamesSun Microsystemssymbol TechnologiesVeritas Technologies;  Alexander Youth Network;  Anglo-Eastern Group;  Bank One;  BirdAndBird ;  Boehringer Ingelheim;  California State Employees Retirement System ;  CitiCorp;  Equibase;  Invitrogen;  JPMorgan Chase;  Manulife Financial;  Mellon Financial;  Moneyline Telerate;  National Gypsum;  Pioneer Investments ;  Sanofi-Aventis;  State Street;  Summit Properties;  Tanker Pacific
Partners include: BEA SystemsCapital IQ IBMMetaLogixNetegritySun Microsystems;  AccountingToday;  American Banker Online;  BenefitsReview.com;  BrokerUniverse;  BusinessWeek Online;  Cards Payments;  HanleyAndAssociates ;  Health Ace;  Health Data Management;  Mergent ;  Nicholas Hall;  norcomms;  onWALLSTREET;  SCIP;  Source Media;  The Bond Buyer;  The Credit Union Daily Online;  USBanker;  WebCPA;  Xceleris
Capital

Rounds: 5
Recent Fundings: Aug 2011   Mar 2010
Capital raised: 78.7M
Last Round: 6.4M
Ownership: Private  

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Overview
Record updated: Jul 2013
Sector: Software
Year Founded: 2000
Headcount: 76-100 as of Sep 2007
Rounds: 5
Recent Fundings: Aug 2011   Mar 2010
Capital Raised: 78.7M
Last Round: 6.4M
Ownership: Private