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COMPANY
Vignette (Nasdaq: VIGN) enables enterprises to achieve real-time advantage by rapidly building, deploying and optimizing enterprise Web applications. Vignette powers the Web applications of more than 1,600 leading organizations and is headquartered in Austin, Texas. Vignette has offices located throughout the Americas, Europe, Asia and in Australia, and can be found on the Web at
http://www.vignette.com/.
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Company:
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Vignette
Corporation
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Founded:
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1995
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Headquarters:
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Austin,
TX 78746-5776
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Nasdaq:
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VIGN
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Revenue:
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First 2003: $40.8 million
(License
revenue represents $16.5 million of total revenue.
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URL: |
http://www.vignette.com/ |
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Founded in 1995, Vignette is headquartered in Austin, Texas, and has offices located throughout the world. Its founders, Ross Garber and Neil Webber, started Vignette by calling the senior executives of pioneering e-businesses to learn about their technical and business challenges. By listening to them, Vignette was able to develop quickly into one of the most successful providers of content management solutions.
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Others soon recognized Vignette's vision. As a private company, Vignette received $36.1 million in funding, which was the largest venture investment in an Austin-based software company at that time. Investors include Austin Ventures, Sigma Partners, Amerindo, Adobe Ventures LP, Charles River Ventures, Attractor Investment Management, Morgan Stanley Dean Witter, Hambrecht & Quist, CNET: The Computer Network, JGE Capital Management, Olympus Partners, Partech International, and Goldman Sachs Private Investment Funds. This type of funding and its growth drove Vignette's initial public offering (IPO) on Feb. 19, 1999, which went on to become the sixth most successful IPO of 1999. The company also posted a highly successful secondary offering in December 1999 that raised an additional $350 million.
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