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Verity  (Stock symbol: VRTY ) Acquired by Autonomy (2005 $ 500,000,000 )

894 Ross Drive
Sunnyvale, CA 94089
Website Company Summary Management Team

Outside board: (May no longer be on the board) Richard G Stevens (Hunter Stevens);  Eric Brown (MicroStrategy CEO);  Victor Cohn (Focal Point Partners);  Steven M Krausz (U.S. Venture Partners) Stephen A MacDonald (Adobe Systems Division GM);  Karl Powell (WireCACHE CEO);  Gary Sbona (Verity Executive Chairman);  John G Schwarz (Symantec President);  Charles P Waite (Olympic Venture Partners)

Business description: Verity provides software that enables organizations to maximize the return on their intellectual capital investment. The company’s intellectual capital management (ICM) solutions provide integrated search, classification, recommendation, monitoring and analytics across the real-time flow of enterprise information, along with question and answer interfaces for effective online self-service. Other Verity ICM solutions capture content and drive automated business processes. Verity technology also serves as a core component of more than 260 applications from leading independent software vendors.
Customers include: 99 Cents Only StoresAdobe SystemsAmerican ExpressATandTBorland SoftwareBristol-Myers SquibbCap Gemini ErnstAndYoungCisco SystemsClassmates.comCNET NetworksCompaqDow JonesE.W. ScrippsEdgar OnlineFinancial TimesFirst Horizon NationalHitachi, Ltd.Kaiser PermanenteKodakKPMGLegato SystemsLotus SoftwarePhilip Morris InternationalProofpointRaytheonSAP Labs U.S.SiemensSybaseTarantellaU.S. ArmyWachovia;  Banco de Mexico;  Beth Israel Deaconess Medical Center;  British Petroleum;  Cardinal Health;  China Ministry of Agriculture;  CHRISTUS Health;  Coemergence;  Commerzbank ;  Concord Communications;  Connexion;  Copper Cameron;  Cricket Australia;  C-SPAN;  Dartmouth College;  Eletrobrás Termonuclear ;  EMC Documentum;  FairMarket;  FileNet;;  Globe and Mail;  GSI Commerce;  Hawaii Medical Service Association;  Home Depot;  Hong Kong Trade Development Council ;  Instituto Mexicano del Seguro Social;  International IT Consultancy;  Jane’s Information Group;  KQED Public Broadcasting;  Manzanillo International Terminal;  META Group;  Mexico’s Social Security Administration;  Mexico's Yellow Pages;  Nissan Motors;  Olympus ;  Oxford University Press;  Siemens Power Generation Group;  Standard Life;  Stanford Business School;  Stanford Linear Accelerator;  State Fund Mutual Companies;  State of California;  State of Georgia;  Stellent;  Telecom Italia Group;  TGumbleweed Communications;  The American Hospital Association;  The BOC Group;  The Johns Hopkins Institutions;  The Salvation Army;  The Sharper Image;  the U.S. Departments of Energy and Justice;  Time New Media;  Timex;  U.S. Army National Ground Intelligence Center;  U.S. Department of Homeland Security;  UCSF;  Unitor
Partners include: Adobe SystemsATandTATGBEA SystemsDigital GarageDocumentumeForceePeopleEpicentricFactivaHitachi, Ltd.Hoover'sHPIBMInventa TechnologiesNetegrityOblixOracleReutersRSA SecuritySiebel SystemsSilicon GraphicsTibco SoftwareVeriSignVignetteYahoo!;  Divine;  DowJones;  Euphorian;  Granitar;  Hyland Software;  IDX Systems ;  LavenderAndWyatt Systems ;  LTU Technologies;  moreover;  Music Networks;  Omen;  Proxicom;  Quarterdeck;  Raritan Technologies;  Stellent;  Tarragon Consulting

Rounds: 6
Capital raised: 23.3M
Ownership: Acquired by Autonomy (2005 $ 500,000,000 )
Stock Symbol: VRTY
Angels/other VCs: Stephen A MacDonald (Adobe Systems)
Corporate investors: Adobe VenturesBell AtlanticSeagate Technology

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Record updated: Nov 2005
Sector: Software
Year Founded: 1988
Headcount: 501-600 as of May 2005
Rounds: 6
Capital Raised: 23.3M
Ownership: Acquired by Autonomy (2005 $ 500,000,000 )
Stock Symbol: VRTY