MarkLogic#cite note-macfadden-23

{{Infobox company|

| name = Progress MarkLogic|

| logo = Progress MarkLogic logo.png|

| type = Public|

| owner = {{ubl|Independent {{smaller|(2001–20)}}|Vector Capital {{smaller|(2020–23)}}|Progress Software {{smaller|(2023–present)}}}}

| founded = {{start date and age|2001}}|

| founder = Christopher Lindblad|

| location_city = Burlington, Massachusetts|

| location_country = United States

| key_people = Yogesh Gupta (President & CEO)|

| industry = Software|

| products = MarkLogic licenses, support, and consulting services|

| num_employees = 500

| revenue = {{Increase}} $100 Million{{cite web | url=https://www.marklogic.com/company/about/#:~:text=In%20January%2C%20which%20ends%20the,easier%20than%20ever%20to%20use | title=About MarkLogic - the Data Hub Experts }}

| homepage = {{URL|https://www.progress.com/marklogic}}

}}

MarkLogic is an American software business that develops and provides an enterprise NoSQL database, which is also named MarkLogic. They have offices in the United States, Europe, Asia, and Australia.

In February 2023, MarkLogic was acquired by Progress Software for $355 million.{{Cite web|date=2023-02-07|title=Progress officially acquires MarkLogic|url=https://www.kmworld.com/Articles/News/News/Progress-officially-acquires-MarkLogic-157030.aspx|access-date=2023-05-01|website=KMWorld}}

Overview

Founded in 2001 by Christopher Lindblad and Paul Pedersen, MarkLogic Corporation is a privately held company with over 500 employees{{Cite web|title=Corporate Event Expert Profile: Wendy Laugesen, Director of Global Events, MarkLogic {{!}} Corporate Event News|url=https://www.corporateeventnews.com/news/corporate-event-expert-profile-wendy-laugesen-director-global-events-marklogic|website=www.corporateeventnews.com|language=en|access-date=2020-06-02}} that was acquired by Vector Capital in October 2020.{{cite web|title=Vector Capital Completes Acquisition of MarkLogic|url=https://www.marklogic.com/news/vector-capital-completes-acquisition-of-marklogic/|url-status=live|archive-url=https://web.archive.org/web/20201101012750/https://www.marklogic.com/news/vector-capital-completes-acquisition-of-marklogic/|archive-date=1 November 2020|access-date=16 November 2020|website=MarkLogic}}

History

MarkLogic was originally named Cerisent when it was founded in 2001{{cite web|title=Company Overview of MarkLogic Corporation|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=5923526|website=Bloomberg|access-date=13 March 2017}} by Christopher Lindblad, who was the Chief Architect of the Ultraseek search engine at Infoseek, as well as Paul Pedersen, a professor of computer science at Cornell University and UCLA, and Frank R. Caufield, Founder of Darwin Ventures,{{cite news|last1=Loizos|first1=Connie|title=Like Father Like Son? Darwin Ventures Raising $100M|url=https://www.pehub.com/2008/08/like-father-like-son-darwin-ventures-raising-100m/#|access-date=13 March 2017|publisher=The PEHub Network|date=18 August 2008}} 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 as one of the top Innovative Information Access Companies with under $100 million in revenue.{{Cite web|url=http://www.businesswire.com/news/home/20091026005137/en/IDC-Names-Innovative-Information-Access-Companies-100M|title=IDC Names Innovative Information Access Companies Under $100M to Watch, Highlighting New Ways to Leverage Information Assets|date=2009-10-26|website=businesswire.com|publisher=Business Wire Inc.|access-date=2017-01-31}}

In May 2012, Gary Bloom was appointed as Chief Executive Officer.{{cite news|last=Hoge|first=Patrick|title=MarkLogic appoints Gary Bloom CEO|url=http://www.bizjournals.com/sanfrancisco/blog/2012/05/marklogic-appoints-gary-bloom-ceo.html|newspaper=San Francisco Business Times|date=17 May 2012|access-date=27 January 2015}} He held senior positions at Symantec Corporation, Veritas Software, and Oracle.{{cite web|last=Foremski|first=Tom|title=Former senior Oracle exec Gary Bloom named CEO of Mark Logic|url=https://www.zdnet.com/article/former-senior-oracle-exec-gary-bloom-named-ceo-of-mark-logic/|publisher=ZDnet|date=17 May 2012|access-date=27 January 2015}}

Post-acquisition, the company named Jeffrey Casale as its new CEO.

= Funding =

MarkLogic received its first financing of {{US$|long=no|6 million}} in 2002 led by Sequoia Capital, followed by a {{US$|long=no|12 million}} investment in June 2004, this time led by Lehman Brothers Venture Partners.{{cite web|title=MarkLogic: AngelList|url=https://angel.co/marklogic|website=Angel|publisher=AngelList|access-date=13 March 2017}} The company received additional funding of $15 million in 2007 from its existing investors Sequoia and Lehman. The same investors put another $12.5 million into the company in 2009.{{Cite web|url=https://techcrunch.com/2009/05/26/mark-logic-raises-125-million-for-xml-server-software/|title=Mark Logic Raises $12.5 Million For XML Server Software|last=Rao|first=Leena|date=2009-05-26|website=techcrunch.com|publisher=TechCrunch|access-date=2017-01-31}}

On 12 April 2013, MarkLogic received an additional {{US$|long=no|25 million}} in funding, led by Sequoia Capital and Tenaya Capital.{{cite web|url=https://gigaom.com/2013/04/10/marklogic-nets-25m-to-keep-up-enterprise-nosql-pitch/|archive-url=https://web.archive.org/web/20130413083047/http://gigaom.com/2013/04/10/marklogic-nets-25m-to-keep-up-enterprise-nosql-pitch/|url-status=dead|archive-date=April 13, 2013|title=MarkLogic nets $25M to keep up enterprise NoSQL pitch|last=Novet|first=Jordan|work=Gigaom |date=10 April 2013 |access-date=23 November 2015}}{{cite web|url=http://www.dbta.com/Articles/Editorial/News-Flashes/MarkLogic-Secures-New-$25-Million-Investment-and-Targets-Four-Primary-Product-Areas-88961.aspx|title=MarkLogic Secures New $25 Million Investment and Targets Four Primary Product Areas|last=Joyce|first=Wells|date=11 April 2013|publisher=DBTA.com|access-date=27 January 2015}} On May 12, 2015, MarkLogic received an additional {{US$|long=no|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 {{US$|long=no|173 million}} and gave MarkLogic a pre-money valuation of {{US$|long=no|1 billion}}.{{cite web|url=http://fortune.com/2015/05/12/marklogic-snags-102-million/|title=MarkLogic snags $102 million in new funding to push its database abroad|last=Darrow|first=Barb|publisher=Fortune|access-date=23 November 2015}}

NTT Data announced a strategic investment in MarkLogic on 31 May 2017.{{Cite news|url=https://techcrunch.com/2017/05/31/ntt-data-announces-strategic-investment-in-nosql-database-provider-marklogic/|title=NTT Data announces strategic investment in NoSQL database provider MarkLogic|last=Lardinois|first=Frederic|work=TechCrunch|access-date=2018-01-04|language=en}}

Products

The MarkLogic product is considered a multi-model NoSQL database for its ability to store, manage, search JSON and XML documents and semantic data (RDF triples).

= Releases =

2001 {{En dash}} Cerisent XQE 1{{Citation needed|date=July 2020}}
2004 {{En dash}} Cerisent XQE 2{{Citation needed|date=July 2020}}
2005 {{En dash}} MarkLogic Server 3{{Citation needed|date=July 2020}}
2008 {{En dash}} MarkLogic Server 4: Geospatial search, entity extraction, advanced XQuery, performance, scalability enhancements
2011 {{En dash}} MarkLogic Server 5: Flexible replication / DDIL, real-time indexing, advanced search, improved analytics, concurrency enhancements
2012 {{En dash}} MarkLogic Server 6: REST and Java APIs, App Builder, enhanced UI, improved search
2013 {{En dash}} MarkLogic Server 7: Semantics, bitemporal data, tiered storage, improved search, better management
2015 {{En dash}} MarkLogic Server 8: Ability to store JSON data and process data using JavaScript.{{cite web|url=http://newsbreaks.infotoday.com/NewsBreaks/MarkLogic--Introduces-Stable-of-New-Features-for-the-XML-Server-51064.asp|title=MarkLogic 4.0 Introduces Stable of New Features for the XML Server|date=9 October 2008|publisher=Information Today|access-date=27 January 2015}}
2017 {{En dash}} MarkLogic Server 9: Data integration across Relational and Non-Relational data.
2019 {{En dash}} MarkLogic Server 10: Enhanced Data Hub, improved SQL, security, analytics performance, cloud support
2022 {{En dash}} MarkLogic Server 11: MarkLogic Ops Director (Monitoring and Administration Improvements), expanded PKI

=Licensing and support=

MarkLogic is proprietary software, available under a freeware developer software license or a commercial "Essential Enterprise" license.{{cite web|last=MacFadden|first=Gary|title=MarkLogic 7 Leads the NoSQL Class, Adding Semantics and Other Enhancements|url=http://wikibon.org/wiki/v/MarkLogic_7_Leads_the_NoSQL_Class,_Adding_Semantics_and_Other_Enhancements|publisher=Wikibon|date=30 October 2013|access-date=27 January 2015}} 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 for its semantic data model. It uses a distributed architecture that can handle hundreds of billions of documents and hundreds of terabytes of data.{{citation needed|date=March 2019}} MarkLogic maintains ACID consistency for transactions and has a Common Criteria certification security model, high availability, and disaster recovery. It is designed to run on-premises within public or private cloud computing environments like Amazon Web Services.{{cite book|title=Who's Who in NoSQL DBMSs|date=23 August 2013|publisher=Gartner|author=Nick Heudecker|edition=G00252015|author2=Merv Adrian}}

MarkLogic's Enterprise NoSQL database platform is used in various sectors, including publishing, government and finance. It is employed in a number of systems currently in production.