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Ketera Technologies  Acquired by Deem (2010  amount undisclosed )

3055 Olin Avenue, Suite 2200
San Jose, CA 95128
Website Company Summary Management Team

Business description: Ketera Technologies is the leading provider of on demand Procurement Services, providing companies with the technology and services needed to control and reduce corporate spending at a low cost of ownership. Ketera Procurement Services includes modules for spend analysis, sourcing, procurement, and payment & reconciliation. The Ketera difference is our on demand delivery model which combines hosted procurement applications with the heavy lifting services required for success, including supplier enablement; hardware infrastructure, project resources, system administration and solution upgrades. Ketera Technologies is an IBM business partner, providing technology for IBM Leveraged Procurement Services, an e-Business On Demand offering
Customers include: American ExpressAvnetCabot MicroelectronicsChevronJacobs Engineering Group Kennametal Newmont Mining Northrop Grumman NVIDIA On Assignment The GapTredegar Under Armour ;  ABC Distributing ;  ADS Logistics ;  AMS Service;  Barrick ;  British Transport Police ;  Ciba Specialty Chemicals;  CLUBCONNECT ;  CNF;  Columbia Credit Union ;  Convergys ;  Con-Way Transportation Services;  Delta Airlines;  El Rio Health Center;  GMAC Commercial Mortgage ;  HMSHost ;  Horizon Associates ;  Maytag ;  Menlo Worldwide;  Regus UK ;  Schenker ;  Servicemaster ;  Sippican;  TECHNIP ;  The Washington Post;  UAL ;  Unversal Studios;  Vought Aircraft
Partners include: American Express IBMMicroStrategy ;  Boise Cascade;  Corbus ;  Hyperion ;  Infosys BPO ;  The Claro Group

Rounds: 5
Recent Fundings: Jan 2007   Dec 2005
Capital raised: 93.0M
Last Round: 14.0M
Ownership: Acquired by Deem (2010  amount undisclosed )
VCs include: Foundation CapitalIntegral Capital PartnersKleiner PerkinsTPG Growth;  eVolution Global Partners;  Emergence Capital Partners ;  Concentric Equity Partners ;  Duff Ackerman and Goodrich;  Teachers' Private Capital
Corporate investors: VentroAmerican Express;  Bain Consulting

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Record updated: Dec 2010
Sector: Internet
Year Founded: 2000
Headcount: 101-150 as of Jun 2006
Rounds: 5
Recent Fundings: Jan 2007   Dec 2005
Capital Raised: 93.0M
Last Round: 14.0M
Ownership: Acquired by Deem (2010  amount undisclosed )