MarkLogic

MarkLogic Corporation
Private
Industry Software
Founded 2001
Headquarters San Carlos, California
Key people

Gary Bloom, CEO

Christopher Lindblad, co-founder
Products MarkLogic licenses, support, and consulting services
Website www.marklogic.com

MarkLogic Corporation is an American software business that develops and provides an enterprise NoSQL database, also named MarkLogic. The company was founded in 2001 and is based in San Carlos, California. MarkLogic is a privately held company with over 500 employees and has offices throughout the United States, Europe, Asia, and Australia.

MarkLogic has over 550 customers, including Comcast, Deutsche Bank, Erie Insurance Group, Johnson & Johnson, and the US Army.[1] Also, six of the top ten global banks are MarkLogic customers.

According to Forrester Research, MarkLogic is among the NoSQL databases vendors with the strongest offerings in the market[2] and regularly appears in Gartner Leaders Quadrant in the Magic Quadrant for Operational Database Management Systems.[3]

History

MarkLogic was first named Cerisent and was founded in 2001[4] by Christopher Lindblad,[5] who was the Chief Architect of the Ultraseek search engine at Infoseek, and Paul Pedersen, a professor of computer science at Cornell University and UCLA, and Frank R. Caufield,[6] Founder of Darwin Ventures,[7] to address shortcomings with existing search and data products. The product first focused on using XML document markup standard and XQuery as the query standard for accessing collections of documents up to hundreds of terabytes in size.

In 2009 IDC mentioned MarkLogic in a report as one of the top Innovative Information Access Companies with under $100 million in revenue.[8]

In May 2012, Gary Bloom joined MarkLogic as Chief Executive Officer.[9] He held senior positions at Symantec Corporation, Veritas Software, and Oracle, where he was once considered the successor to Larry Ellison.[10] Also in 2012, MarkLogic was selected by the British Broadcasting Corporation to power its Olympic Data Services of the 2012 London Olympics.[11]

Since 1 October 2013, MarkLogic has been used to help power the U.S. government's healthcare.gov site, launched to support the Patient Protection and Affordable Care Act (ACA). The site had trouble at launch, and according to the New York Times, the main contractor for ACA originally objected to using MarkLogic.[12][13]

In February 2015, NBC launched a mobile app for its iconic Saturday Night Live show, and as of September 2015, the app had been used to stream over 100 Million clips. MarkLogic is the database used for storing and searching metadata, and the app also has a predictive engine connected to the database that keeps users engaged with the content. [14]

Funding

MarkLogic obtained its first financing of $6 million in 2002 lead by Sequoia Capital, followed by a $12 million investment in June 2004, this time lead by Lehman Brothers Venture Partners.[15] The company received additional funding of $15 million in 2007 from its existing investors Sequoia and Lehman.[15] The same investors put another $12.5 million into the company in 2009.[16]

On 12 April 2013, MarkLogic received an additional $25 million in funding, led by Sequoia Capital and Tenaya Capital.[17][18] On May 12, 2015, MarkLogic received an additional $102 million in funding, led by Wellington Management Company, with contributions from Arrowpoint Partners and existing backers, Sequoia Capital, Tenaya Capital, and Northgate Capital. This brought the company's total funding to $173 Million and gave MarkLogic a pre-money valuation of $1 billion.[19]

Products

The MarkLogic product is considered a multi-model NoSQL database for its ability to store, manage, and search JSON and XML documents and semantic data (RDF triples). According to Computerworld.uk, organizations rely on the flexibility and agility of MarkLogic in order to integrate massive amounts of data and build large scale web applications.[20]

Releases

Licensing and support

MarkLogic is available under various licensing and delivery models, namely a free Developer or an Essential Enterprise license.[22] Licenses are available from MarkLogic or directly from cloud marketplaces such as Amazon Web Services and Microsoft Azure.

Technology

MarkLogic is a multi-model NoSQL database that has evolved from its XML database roots to also natively store JSON documents and RDF triples, the data model for semantics. In addition to having a flexible data model, MarkLogic uses a distributed, scale-out architecture that can handle hundreds of billions of documents and hundreds of Terabytes of data. Unlike other NoSQL databases, MarkLogic maintains ACID consistency for transactions, and has focused on building enterprise features into every release, including a robust security model consisting of Common Criteria certification, and enterprise-grade high availability and disaster recovery. MarkLogic is designed to run on-premises within public or private cloud environments like Amazon Web Services.[23]

MarkLogic's Enterprise NoSQL database platform is widely used in publishing, government, finance and other sectors, with hundreds of large-scale systems in production.[23]

See also

References

  1. ↑ "Customers". MarkLogic. Retrieved 13 March 2017.
  2. ↑ Yuhanna, Noel. "The Forrester Wave™: Big Data NoSQL, Q3 2016" (PDF). Oracle. Forrester Research. Retrieved 13 March 2017.
  3. ↑ Davis, Jessica (4 March 2016). "Data Warehouse Disruptions 2016: Gartner Magic Quadrant". Information Week. Retrieved 13 March 2017.
  4. ↑ "Company Overview of MarkLogic Corporation". Bloomberg. Retrieved 13 March 2017.
  5. ↑ "Christopher Lindblad | Crunchbase Profile". CrunchBase. Retrieved 27 January 2015.
  6. ↑ "Frank Caufield". Retrieved 21 October 2015.
  7. ↑ Loizos, Connie (18 August 2008). "Like Father Like Son? Darwin Ventures Raising $100M". The PEHub Network. Retrieved 13 March 2017.
  8. ↑ "IDC Names Innovative Information Access Companies Under $100M to Watch, Highlighting New Ways to Leverage Information Assets". businesswire.com. Business Wire Inc. 2009-10-26. Retrieved 2017-01-31.
  9. ↑ Hoge, Patrick (17 May 2012). "MarkLogic appoints Gary Bloom CEO". San Francisco Business Times. Retrieved 27 January 2015.
  10. ↑ Foremski, Tom (17 May 2012). "Former senior Oracle exec Gary Bloom named CEO of Mark Logic". ZDnet. Retrieved 27 January 2015.
  11. ↑ Marshall, Sarah (27 July 2012). "How a software firm is helping the BBC and PA with Olympic data". Journalism.co.uk. Mousetrap Media Ltd. Retrieved 13 March 2017.
  12. ↑ Lipton, Eric; et al. (23 November 2013). "Tension and Flaws Before Health Website Crash". Retrieved 28 January 2015.
  13. ↑ "Tension and Flaws Before Health Website Crash". 4 April 2014. Retrieved 23 November 2015.
  14. ↑ Kaufman, Debra. "SNL App Unleashes Power of Metadata". Retrieved 23 November 2015.
  15. 1 2 "MarkLogic: AngelList". Angel. AngelList. Retrieved 13 March 2017.
  16. ↑ Rao, Leena (2009-05-26). "Mark Logic Raises $12.5 Million For XML Server Software". techcrunch.com. TechCrunch. Retrieved 2017-01-31.
  17. ↑ Novet, Jordan. "MarkLogic nets $25M to keep up enterprise NoSQL pitch". GigaOM. Retrieved 23 November 2015.
  18. ↑ Joyce, Wells (11 April 2013). "MarkLogic Secures New $25 Million Investment and Targets Four Primary Product Areas". DBTA.com. Retrieved 27 January 2015.
  19. ↑ Darrow, Barb. "MarkLogic snags $102 million in new funding to push its database abroad". Fortune. Retrieved 23 November 2015.
  20. ↑ "JPMorgan-consolidates-derivative-trade-systems-with-NoSQL-database". Retrieved 2015-11-23.
  21. ↑ "MarkLogic 4.0 Introduces Stable of New Features for the XML Server". Information Today. 9 October 2008. Retrieved 27 January 2015.
  22. ↑ MacFadden, Gary (30 October 2013). "MarkLogic 7 Leads the NoSQL Class, Adding Semantics and Other Enhancements". Wikibon. Retrieved 27 January 2015.
  23. 1 2 Nick Heudecker; Merv Adrian (23 August 2013). Who's Who in NoSQL DBMSs (G00252015 ed.). Gartner.

Further reading

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