Link Silicon Valley
The fastest way to connect to the people, companies and capital of Silicon Valley
Free 30 Day Trial Account
Sign Up | Log In
My Lists

Niku  (Stock symbol: NIKU ) Acquired by Computer Associates (2005 $ 350,000,000 )

2000 Seaport Blvd.
Redwood City, CA 94063
Website Company Summary Management Team

Outside board: (May no longer be on the board) Terry Garnett (Garnett Capital) Ravi Chiruvolu (Charter Life Sciences ) Matt Miller (Walden Venture Capital);  Samuel T Spadafora (Chordiant Software Chairman) Edward F Thompson (Amdahl CFO) Peter Thompson (BTexact Technologies)
Former outside board: Michael Brooks (JH Whitney);  John Chen (Sybase CEO) Val E Vaden (Vector Capital) Maynard G Webb (eBay President)

Business description: Niku Corporation (Nasdaq:NIKU) develops enterprise application software that cuts costs and increases productivity by automating the work of internal service organizations. Niku's software enables customers to streamline the work of mid-office departments such as information technology, research and development and consulting by integrating portfolio, collaboration, resource, financial, project, and knowledge management in one Web-native application. Niku 6 marries the strategic to the tactical. It couples top-down portfolio analysis with bottom-up project, program and initiative management, then interweaves in the necessary supporting processes. The result is a seamlessly integrated Enterprise Portfolio Management system. Niku 6 empowers managers to deliver controlled and predictable execution of projects and programs, and gives executives a real time view into their organization's initiatives and investments. This strategic dashboard empowers CEOs, CFOs, CIOs and other executives to maintain alignment between the investments they make and the corporate objectives they need to advance.
Customers include: Arrow ElectronicsBest BuyBritish TelecomDeutsche TelekomFox Filmed EntertainmentPacific Capital BancorpSybaseUnileverVantive;  Allmerica Finance;  Atofina;  Barton;  Board of Pensions;  BT Wholesale;  CGI;  ChevronTexaco;  Deutsche Telekom T-Mobile Division;  Eastman Chemical;  Emerson Process Management;  GMAC Mortgage;  John Deere;  Marlborough Striling;  Nationwide;  Oakland County;  Old Republic;  Philips Medical Systems;  Royal Caribbean;  Sears Canada;  Totota Financial Services;  TRW Automotive;  Visa EU
Partners include: ActuateCap Gemini ErnstAndYoungCisco SystemsCNET NetworksDocumentumExtensityHPHummingBirdNetscape CommunicationsOracleSeagate TechnologySun MicrosystemsSybase;  Databasics;  HSBC;  Severn;  ThinkEquity;  TROUXTM Technologies

Rounds: 2
Capital raised: 68.5M
Ownership: Acquired by Computer Associates (2005 $ 350,000,000 )
Stock Symbol: NIKU
Corporate investors: CNET Networks;  Tata Consulting

Last Tweets


Last Mentions

Record updated: Dec 2005
Sector: Software
Year Founded: 1997
Headcount: 1001-1250 as of May 2002
Rounds: 2
Capital Raised: 68.5M
Ownership: Acquired by Computer Associates (2005 $ 350,000,000 )
Stock Symbol: NIKU