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Versata  (Stock symbol: VATA ) Acquired by Trilogy (2005 $ 3,300,000 )

6011 West Courtyard Drive
Austin, Tx 78730
Website Company Summary Management Team

Business description: Versata provides an application server extension that uses declarative business logic as a more productive way to do transaction processing and business process management. Much like a relational database manages business data, Versata manages business logic in the Versata Logic Server -- at a higher level of abstraction, utilizing a server for execution and management. Unlike traditional hand-coding approaches, Versata enables developers to maximize their time by allowing them to focus on rules and processes of an application, rather than clerical details. Versata's declarative business logic approach enables IT to create and change applications faster, lower development and maintenance costs, and reduce application backlogs. Versata-built applications are constructed from an organization's core business rules and run in J2EE application servers like IBM WebSphere and BEA WebLogic.
Customers include: British Telecom;  e-Bank;  Hilton Hotels;  Lehnkering Logistics;  Meridian Health Care Management;  Pac Bell Video;  University of Alaska Museum;  USAF
Partners include: BEA SystemsBorland SoftwareHPIBMILOGMercury InteractiveMicrosoftOracleRational SoftwareSun MicrosystemsVisigenic Software;  Attunity;  CGI-AMS ;  CyberaSource;  JPMorgan Partners Chase;  MetaMetrix;  Online Business Systems;  SEEC

Rounds: 5
Capital raised: 73.0M
Ownership: Acquired by Trilogy (2005 $ 3,300,000 )
Stock Symbol: VATA
Angels/other VCs: Gene Wong (National Science Fund)

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Record updated: Jan 2007
Sector: Internet
Year Founded: 1995
Headcount: 151-200 as of Nov 2002
Rounds: 5
Capital Raised: 73.0M
Ownership: Acquired by Trilogy (2005 $ 3,300,000 )
Stock Symbol: VATA