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Opentext

Waterloo, CA 94403
USA
415 394 7899
Website Company Summary Management Team
Board

Advisory board: Armin B Cremers (Bonn University Professor);  Thorsten Joachims (Cornell University Asst. Professor);  Peter Page (Siemens Nixdorf);  Curtis Sasaki (Sun Microsytems)
Company

Business description: Opentext, formerly Recommind, is the leader in sophisticated search, review and analysis software that provides the most accurate and automated tools available, giving people and organizations the information they need instantly. Our company name, Recommind, represents the combination of technology and human intuition. We utilize technology to instantly and accurately recommend the correct information or expertise that the user has in mind. Similarly, the Recommind logo signifies the extraction of the exact piece of information or expertise a user seeks from the vast universe of available data. After years of research at MIT and the University of California, Berkeley in the fields of machine learning, text mining and multimedia information retrieval, Dr. Jan Puzicha recognized the inability of earlier technologies to come to grips with the avalanche of information organizations must process. Benefiting from intense scrutiny in a research environment, Dr. Puzicha developed and later patented the completely unique MindServer technology. “The missing component of information retrieval is context. How do I know what this piece of information is about? What makes that information valuable? Is this information pertinent to my needs? These are the questions that earlier information management tools could not deal adequately with,” observed Puzicha. Global HDQ are in Canada.
Customers include: BertelsmannCooley Godward KronishStaples ;  Australian government ;  Bingham ;  BracewellAndGiuliani ;  Canfield;  Cleary Gottlieb;  Davies Arnold Cooper ;  DLA Piper Rudnick Gray Cary ;  Field Fisher Waterhouse ;  FulbrightAndJaworski ;  Gardere ;  Hastings;  Heinrich Bauer Verlag;  JanofskyAndWalker;  Macfarlanes ;  Miller;  Novartis International ;  O’MelvenyAndMyers ;  Orrick, HerringtonAndSutcliffe ;  Paddock and Stone;  Paul;  Reed Smith ;  RLG;  SimmonsAndSimmons ;  The Bauer Verlagsgruppe;  The National Library of Medicine;  ZDF
Partners include: ActianceBoxDruvaHanzo Archives LtdHummingBirdiEnvision TechnologyMicrosoftProofpointSymantec;  arvato systems;  BA Insight;  DocFlow;  EMC2;  Extero;  Force 3 ;  Fraser Milner Casgrain ;  Freehills ;  iCONECT ;  Indigo;  Infometric;  INT APP;  LexisNexis;  MDY ;  mimecast;  Mishcon De Reya ;  Smarsh;  Solcara ;  Thompson Reuters
Capital

Rounds: 3
Recent Fundings: Sep 2013   Aug 2008
Capital raised: 22.5M
Last Round: 15.0M
Ownership: Private  
VCs include: Kennet Capital
Angels/other VCs: Robert Tennant (Sun Microsystems)

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Overview
Record updated: Feb 2019
Sector: Software
Year Founded: 2000
Headcount: 101-150 as of Apr 2010
Rounds: 3
Recent Fundings: Sep 2013   Aug 2008
Capital Raised: 22.5M
Last Round: 15.0M
Ownership: Private