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Rapt  Acquired by Microsoft (2008  amount undisclosed )

625 2nd Street #200
San Francisco, CA 94107
Website Company Summary Management Team

Outside board: (May no longer be on the board) Howard S Charney (Cisco Systems SVP & General Manager) Arthur C Patterson (Accel General Partner) Kip Sheeline (Summit Accelerator Managing Director)
Advisory board: G Carl Everett (Dell Computer Former Sr. VP) Mark Levine (HP Division Controller) Julius Genachowski (IAC/InterActiveCorp Former Chief Business Officer) Trevor Hastie (Stanford University Professor) Daniel Leemon (Charles Schwab)
Former advisory board: Jay Shiveley (Sprout Group Venture Partner)

Business description: Rapt Technologies is a provider of profit optimization solutions for discrete manufacturers to make better pricing and supply planning decisions. Rapt's solutions - Rapt Supply Director and Rapt Price Director -- have helped customers reduce spending and increase revenues in the hundreds of millions of dollars per year. Rapt's patented analytics enable real-time decision-making under uncertainty to optimize supply and price strategies across large product portfolios. Rapt's enterprise software suite, the Rapt Profit Center, enables companies to not only generate more revenue through profit-optimized price decisions, but also capture that revenue through profitable supply investments.
Customers include: Affymetrix Cadence Design Systems CNET Networks ExpediaFox Interactive Media New York TimesOperative Reuters Tacoda The Weather Channel Yahoo! ;  USA Today;  Viacom's MTV Networks
Partners include: ActuateAribaBEA SystemsDetermineOraclePerfectSun MicrosystemsTaviz TechnologyTibco SoftwareVitria Technology;  Comstock Systems;  Mercer Management Consulting ;  Publicis Groupe Media ;  Revenue Technologies;  VisualMining

Rounds: 4
Recent Fundings: Jan 2006   Jul 2002
Capital raised: 45.2M
Last Round: 11.2M
Ownership: Acquired by Microsoft (2008  amount undisclosed )
Corporate investors: Sun Microsystems

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Record updated: Mar 2008
Sector: Internet
Year Founded: 1998
Rounds: 4
Recent Fundings: Jan 2006   Jul 2002
Capital Raised: 45.2M
Last Round: 11.2M
Ownership: Acquired by Microsoft (2008  amount undisclosed )