Model N (company)

Last updated
Model N, Inc.
Company type Public
NYSE:  MODN
Russell 2000 Component
FoundedDecember 1999;24 years ago (1999-12)
Headquarters,
U.S.
Area served
Worldwide
Key people
  • Jason Blessing (President & CEO)
  • Chris Lyon (CRO)
  • Baljit “Bal” Dail (Chairman of the Board)
Revenue US$154,000,000 (2018) [1]
Number of employees
830 (2018) [1]
Website www.modeln.com

Model N, Inc. is a public American software company founded in 1999 and is headquartered in San Mateo, California. The name "Model N" refers to "model next", as in 'the next big thing'.

Contents

History

In 2004, the company added a Medicaid Claims Processing application to its Revenue Management Suite main product. [2]

In the spring of 2006, Model N completed an acquisition of Azerity, a software company that focused on pricing and quoting practices for the high tech industry. In early 2012, Model N acquired LeapFrogRX, an analytics company based in Waltham, Massachusetts.

In 2013, the company went public under the New York Stock Exchange ticker symbol MODN, raising about US$ 100,000,000. [3] [4] Venture capital firm Accel-KKR backed the initial public offering. [3]

Corporate governance

In May 2018, Jason Blessing was announced as Model N's president and chief executive officer (CEO). [5] [6]

Related Research Articles

<span class="mw-page-title-main">Mazda</span> Japanese multinational automaker

Mazda Motor Corporation, also known as simply Mazda, is a Japanese multinational automotive manufacturer headquartered in Fuchū, Hiroshima, Japan. The company was founded on January 30, 1920, as Toyo Cork Kogyo Co., Ltd., a cork-making factory, by Jujiro Matsuda. It changed its name to Toyo Kogyo Co., Ltd. in 1927 and started producing vehicles in 1931. The name Mazda was derived from Ahura Mazda, the god of harmony, intelligence and wisdom in Zoroastrianism, as well as from the surname of the founder. Mazda is one of the largest automakers in Japan and the world. In 2015, it produced 1.5 million vehicles for global sales, of which nearly one million were made in Japan and the rest in various other countries. It ranked as the 15th-largest automaker by production volume globally in 2015. Mazda is known for its innovative technologies, such as the Wankel engine, the SkyActiv platform, and the Kodo Design language. It also has a long history of motorsport involvement, winning the 24 Hours of Le Mans in 1991 with the rotary-powered Mazda 787B. Mazda has several alliances and partnerships with other automakers, such as Toyota, Nissan, Isuzu, Suzuki and Ford.

<span class="mw-page-title-main">CA Technologies</span> American software company (1976–2018)

CA Technologies, Inc., formerly Computer Associates International, Inc., and CA, Inc., was an American multinational enterprise software developer and publisher that existed from 1976 to 2018. CA grew to rank as one of the largest independent software corporations in the world, and at one point was the second largest. The company created systems software that ran in IBM mainframe, distributed computing, virtual machine, and cloud computing environments.

<span class="mw-page-title-main">Jack London Square</span> Neighborhood of Oakland in Alameda, California, US

Jack London Square is an entertainment and business destination on the waterfront of Oakland, California, United States. Named after the author Jack London and owned by the Port of Oakland, it is the home of stores, restaurants, hotels, Amtrak's Jack London Square station, a San Francisco Bay Ferry ferry dock, the historic Heinold's First and Last Chance Saloon, the (re-located) cabin where Jack London lived in the Klondike, and a movie theater. A farmer's market is hosted among the retail shops on Sunday mornings. The former presidential yacht USS Potomac is moored at an adjacent slip.

<span class="mw-page-title-main">Office Depot</span> American office supply holding company

Office Depot, Inc. is an American office supply retailer headquartered in Boca Raton, Florida. The company operates 1,400 retail stores in the United States under the Office Depot and OfficeMax brands, as well as e-commerce sites and a business-to-business sales organization. The company has combined annual sales of approximately $11 billion, and employs about 38,000 people in the United States.

<span class="mw-page-title-main">Mindscape (company)</span> Video game company

Mindscape was a video game developer and publisher. The company was founded by Roger Buoy in October 1983 in Northbrook, Illinois, originally as part of SFN Companies until a management buyout was completed in 1987. Mindscape went public in 1988 and was subsequently acquired in 1990 by The Software Toolworks, eyeing Mindscape's Nintendo license. When Toolworks was acquired by Pearson plc in 1994, Mindscape became the primary identity for the development group. Mindscape was then sold to The Learning Company in 1998 and bought out by Jean-Pierre Nordman in 2001, becoming headquartered in Boulogne-Billancourt, France. Following the poor performance of its products, Mindscape exited the video game industry in August 2011. Notable titles released by Mindscape include the MacVenture series, Balance of Power, Moonstone: A Hard Days Knight, Legend, Warhammer: Shadow of the Horned Rat, Warhammer: Dark Omen and Lego Island.

<span class="mw-page-title-main">BMC Software</span> American enterprise software company

BMC Software, Inc. is an American multinational information technology (IT) services and consulting, and Enterprise Software company based in Houston, Texas.

UnitedHealth Group Incorporated is an American multinational health insurance and services company based in Minnetonka, Minnesota. Offering insurance products under UnitedHealthcare, and health care services and care delivery aided by technology and data under Optum, it is the world's eleventh-largest company by revenue and the largest health care company by revenue.

<span class="mw-page-title-main">CGI Inc.</span> Canadian multinational information technology company

CGI Inc. is a Canadian multinational information technology consulting and Software Development company headquartered in Montreal, Quebec, Canada. CGI went public in 1986 with a primary listing on the Toronto Stock Exchange. CGI is also a constituent of the S&P/TSX 60 and has a secondary listing on the New York Stock Exchange.

CVS Caremark is the pharmacy benefit management subsidiary of CVS Health, headquartered in Woonsocket, Rhode Island.

The Harris Poll is an American market research and analytics company that has been tracking the sentiment, behaviors and motivations of American adults since 1963. In addition to the traditional consulting offered, Harris has developed software data platforms that allow brands to track health and campaign success. The firm works with clients in three primary areas: brand strategy and tracking, corporate reputation, and research for public release.

Comscore is an American-based global media measurement and analytics company providing marketing data and analytics to enterprises; media and advertising agencies; brand marketers and publishers.

Centene Corporation is a publicly traded managed care company based in St. Louis, Missouri, which is an intermediary for government-sponsored and privately insured healthcare programs. Centene ranked No. 25 on the 2023 Fortune 500.

Geeknet, Inc. is a Fairfax County, Virginia–based company that is a subsidiary of GameStop. The company was formerly known as VA Research, VA Linux Systems, VA Software, and SourceForge, Inc.

Louis J. D'Ambrosio is an American business executive and a partner at Goldman Sachs. He is the former CEO of Sears Holding Corporation and Avaya, and he also served as executive chairman of Sensus. D'Ambrosio also worked at IBM for 16 years and served on its worldwide management committee.

Executive compensation is composed of both the financial compensation and other non-financial benefits received by an executive from their employing firm in return for their service. It is typically a mixture of fixed salary, variable performance-based bonuses and benefits and other perquisites all ideally configured to take into account government regulations, tax law, the desires of the organization and the executive.

<span class="mw-page-title-main">Pacific Biosciences</span> American biotechnology company

Pacific Biosciences of California, Inc. is an American biotechnology company founded in 2004 that develops and manufactures systems for gene sequencing and some novel real time biological observation. PacBio has two principal sequencing platforms: single-molecule real-time sequencing (SMRT), based on the properties of zero-mode waveguides and sequencing by binding (SBB) chemistry, which uses native nucleotides and scarless incorporation for DNA binding and extension.

Inovalon is an American technology company that provides cloud-based tools for healthcare.

<span class="mw-page-title-main">BioLineRx</span>

BioLineRx Ltd., or BioLine, is a publicly traded drug development company. Headquartered in Israel, its shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange.

<span class="mw-page-title-main">Galena Biopharma</span> American pharmaceutical company

Galena Biopharma was a publicly traded pharmaceutical company based in San Ramon, California. The company was founded in Worcester, Massachusetts. In 2011, it moved to Oregon, and in 2015 moved to San Ramon, California. Mark Schwartz was the company's president and chief executive officer. As of December 29, 2017, the company was acquired by Sellas Life Sciences Group Ltd. through a reverse merger transaction. Galena Biopharma was renamed to Sellas Life Sciences Group, Inc.

Veritas Technologies LLC. is an American international data management company headquartered in Santa Clara, California. The company has its origins in Tolerant Systems, founded in 1983 and later renamed Veritas Software. It specializes in storage management software including the first commercial journaling file system, VxFS, VxVM, VCS, the personal/small office backup software Backup Exec and the enterprise backup software, NetBackup. Veritas Record Now was an early CD recording software.

References

  1. 1 2 Johnson, Steve (7 Nov 2014). "Q&A: Zack Rinat, Chairman and CEO of Model N". Oakland Tribune . Archived from the original on 29 March 2015.
  2. Staff (18 Oct 2004). "Model N Medicaid Claims Processing announced". Biotech Business Week. United States: NewsRx. Archived from the original on 29 March 2015.
  3. 1 2 Owens, Jeremy C (20 Mar 2013). "Redwood City Software Firm Model N Gets an 'A' in IPO, Stock Shoots Higher". Oakland Tribune . Archived from the original on 29 March 2015.
  4. "Model N jumps in 1st day on NYSE". Associated Press. 20 Mar 2013. Archived from the original on 29 March 2015.
  5. "Model N Appoints Jason Blessing as Chief Executive Officer" (Press release). 8 May 2018.
  6. "Leadership".

37°32′13″N122°15′30″W / 37.537°N 122.2584°W / 37.537; -122.2584