MarkLogic

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MarkLogicCorporation is anAmericansoftware business that develops and provides an enterpriseNoSQLdatabase, also namedMarkLogic. The company was founded in 2001 and is based inSan CarlosCalifornia. MarkLogic is a privately held company with over 500 employees and has offices throughout theUnited StatesEuropeAsia, andAustralia.

MarkLogic has over 550 customers, includingComcastDeutsche BankErie Insurance GroupJohnson & Johnson, and theUS Army.[1]Also, six of the top ten global banks are MarkLogic customers.

According toForrester Research, MarkLogic is one of the nine leading NoSQL databases vendors in the market[2]and appears in severalreports for Operational Database Management Systems.[3]In 2017, Gartner ranked MarkLogic as a Visionary in the Data Warehouse market.[4]

MarkLogic was first named Cerisent and was founded in 2001[5]by Christopher Lindblad,[6]who was the Chief Architect of the Ultraseek search engine atInfoseek, and Paul Pedersen, a professor of computer science atCornell UniversityandUCLA, and Frank R. Caufield,[7]Founder of Darwin Ventures,[8]to address shortcomings with existing search and data products. The product first focused on usingXMLdocument markup standard andXQueryas the query standard for accessing collections of documents up to hundreds of terabytes in size.

In 2009IDCmentioned MarkLogic in a report as one of the topInnovative Information Access Companieswith under $100 million in revenue.[9]

In May 2012, Gary Bloom joined MarkLogic as Chief Executive Officer.[10]He held senior positions atSymantec CorporationVeritas Software, andOracle.[11]

MarkLogic obtained its first financing of $6 million in 2002 lead bySequoia Capital, followed by a $12 million investment in June 2004, this time lead byLehman Brothers Venture Partners.[12]The company received additional funding of $15 million in 2007 from its existing investors Sequoia and Lehman.[12]The same investors put another $12.5 million into the company in 2009.[13]

On 12 April 2013, MarkLogic received an additional $25 million in funding, led bySequoia CapitalandTenaya Capital.[14][15]On May 12, 2015, MarkLogic received an additional $102 million in funding, led byWellington Management Company, with contributions from Arrowpoint Partners and existing backers,Sequoia CapitalTenaya Capital, and Northgate Capital. This brought the companys total funding to $173 Million and gave MarkLogic a pre-money valuation of $1 billion.[16]

NTT Dataannounced a strategic investment in MarkLogic on 31 May 2017.[17]

The MarkLogic product is considered amulti-modelNoSQL database for its ability to store, manage, and searchJSONandXMLdocuments and semantic data (RDF triples).

2015MarkLogic Server 8.0: Ability to storeJSONdata and process data usingJavaScript.

2017MarkLogic Server 9.0: Data integration across Relational and Non-Relational data.

MarkLogic is available under various licensing and delivery models, namely a freeDeveloperor anEssential Enterpriselicense.[19]Licenses are available from MarkLogic or directly from cloud marketplaces such asAmazon Web ServicesandMicrosoft Azure.

MarkLogic is amulti-modelNoSQL database that has evolved from itsXML databaseroots to also natively storeJSONdocuments andRDF triples, the data model for semantics. MarkLogic uses a distributed architecture that can handle hundreds of billions of documents and hundreds of Terabytes of data. MarkLogic maintainsACIDconsistency for transactions and has aCommon Criteria certificationsecurity model,high availabilityanddisaster recovery. MarkLogic is designed to run on-premises within public or private cloud environments likeAmazon Web Services.[20]

MarkLogics Enterprise NoSQL database platform is widely used in publishing, government, finance and other sectors, with hundreds of large-scale systems in production.[20]

Increasing pressure for consumer protection in investment services such asMiFIDlaws required banks to process and analyze a large volume and variety of data for reporting requirements. ABN AMRO selected MarkLogic to bring unstructured and structured trade data into one central operational trade data store, and keeps records of every order and trade event.[21][22]

In 2012, MarkLogic was selected by theBritish Broadcasting Corporationto power its Olympic Data Services of the 2012London Olympics.[23]Following the success of the London Olympics data services, BBC moved its popular iPlayer video on-demand services from its legacy relational database system onto MarkLogic.[24]

Centers for Medicare & Medicaid Services(CMS)

Since 1 October 2013, MarkLogic has been used to help power the U.S. governments healthcare.gov site, launched to support thePatient Protection and Affordable Care Act(ACA). The site had trouble at launch, and according to theNew York Times,the main contractor for ACA originally objected to using MarkLogic.[25][26]

In February 2015,NBClaunched a mobile app for its iconicSaturday Night Liveshow, 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.[27]

Yuhanna, Noel.The Forrester Wave™: Big Data NoSQL, Q3 2016.

Data Warehouse Disruptions 2016: Gartner Magic Quadrant – InformationWeek.

MarkLogic Recognized as a Visionary in the 2017 Gartner Magic Quadrant for Operational Database Management Systems. Microsoft. 14 November 2017

Company Overview of MarkLogic Corporation.

Christopher Lindblad Crunchbase Profile. CrunchBase

Loizos, Connie (18 August 2008).Like Father Like Son? Darwin Ventures Raising $100M. The PEHub Network

IDC Names Innovative Information Access Companies Under $100M to Watch, Highlighting New Ways to Leverage Information Assets.

Hoge, Patrick (17 May 2012).MarkLogic appoints Gary Bloom CEO.

Foremski, Tom (17 May 2012).Former senior Oracle exec Gary Bloom named CEO of Mark Logic. ZDnet

Rao, Leena (2009-05-26).Mark Logic Raises $12.5 Million For XML Server Software.

Novet, Jordan.MarkLogic nets $25M to keep up enterprise NoSQL pitch. GigaOM

Joyce, Wells (11 April 2013).MarkLogic Secures New $25 Million Investment and Targets Four Primary Product Areas. DBTA.com

Darrow, Barb.MarkLogic snags $102 million in new funding to push its database abroad. Fortune

Lardinois, Frederic.NTT Data announces strategic investment in NoSQL database providerMarkLogic.

MarkLogic 4.0 Introduces Stable of New Features for the XML Server. Information Today. 9 October 2008

MacFadden, Gary (30 October 2013).MarkLogic 7 Leads the NoSQL Class, Adding Semantics and Other Enhancements. Wikibon

Nick Heudecker; Merv Adrian (23 August 2013).

ABN AMRO selects MarkLogic for Trade Store Financial Industry & Algorithmic Trading News Automated Trader.

ABN Amro selects MarkLogic for trade store Banking Technology.

Marshall, Sarah (27 July 2012).How a software firm is helping the BBC and PA with Olympic data. Journalism.co.uk. Mousetrap Media Ltd

Finnegan, Matthew.BBC iPlayer sees performance uplift after relaunching on NoSQL database.

Lipton, Eric; et al. (23 November 2013).Tension and Flaws Before Health Website Crash

Tension and Flaws Before Health Website Crash. 4 April 2014

Kaufman, Debra.SNL App Unleashes Power of Metadata

Fowler, Adam. NoSQL for Dummies.ISBN1118905628, 23.

Taylor, Allen. Semantics for Dummies.ISBN04.

Hunter, Jason. Inside MarkLogic Server

. Manning Publications Co. August 2012.ISBN74.

Beginning MarkLogic with XQuery and MarkLogic Server

. Champio
n Writers, Inc. 24 June 2009.ISBN1608300153.

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Companies based in San Carlos, California

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This page was last edited on 23 January 2018, at 14:24.

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