Gigya

Last updated
Gigya, Inc.
Company type Subsidiary
Industry
Founded2006
Defunct2017
Headquarters,
United States
Area served
Worldwide
Key people
  • Patrick Salyer
  • (CEO)
  • Rooly Eliezerov
  • (Co-Founder & President)
  • Eyal Magen
  • (Co-Founder and Chief Strategy Officer)
Number of employees
280 (as of 2017)
Parent SAP
Website www.gigya.com

Gigya, Inc. was a technology company founded in Tel Aviv, Israel and headquartered in Mountain View, California, with additional offices in New York, Tel Aviv, London, Paris, Hamburg, and Sydney. [1]

Contents

Gigya was purchased by SAP in 2017. [2] [3]

Products

Gigya offered a customer identity management platform for managing profiles, preference, opt-in and consent settings, [4] and an identity management platform for businesses that included products for customized registration, social login, user profile and preference management, user engagement and loyalty, and integrations with third-party marketing and services platforms. [5] Its technology was used by corporations including Fox, Forbes, Repsol, Toyota, RTL Netherlands, Campbells, Fairfax Media, Wacom, ASOS, and Turner, according to the company's website. [5]

History

Gigya was founded in Tel Aviv, Israel in 2006. [6] [7] Patrick Salyer became CEO in March 2011. [8] Gigya has worked with SAP Hybris since 2013. As of November 2014, Gigya had raised $104M from Intel Capital, Benchmark Capital, Mayfield Fund, First Round Capital, Advance Publications (parent company of Condé Nast), [9] DAG Ventures, [10] Common Fund Capital, Vintage Investment Partners, and Greenspring Associates. [11] Software maker Adobe Systems is also an investor. [12] In a 2017 Gigya was named leader in, "The Forrester Wave: Customer Identity And Access Management, Q2 2017." [13] [14]

On 27 November 2014, the Syrian Electronic Army hijacked the gigya.com domain by changing its DNS configuration at the domain registrar directly, outside of Gigya's system and control. Shortly after the incident, the CEO of Gigya, Patrick Salyer confirmed the news officially on Gigya's blog, [15] stating that no data was compromised, and that the issue had been resolved within an hour of Gigya identifying the issue. The next day, on 28 November 2014, the Syrian Electronic Army issued a statement taking responsibility for the attack. [16] [17]

In September 2017, the company was acquired by SAP for $350 million. [2] [3] In October 2017, Gigya Introduced enterprise preference manager to address new privacy regulations. [18]

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References

  1. "Customer Identity and Access Management (CIAM) Solutions".
  2. 1 2 Lunden, Ingrid. "SAP buys customer identity management firm Gigya for $350M". TechCrunch. Retrieved 2017-10-26.
  3. 1 2 Meyer, David (24 September 2017). "SAP Wants To Help Companies Get a Better Picture of You". Fortune . Retrieved 26 September 2017.
  4. "SAP confirms acquisition of Israeli co Gigya". Globes. 2017-09-24. Retrieved 2023-09-04.
  5. 1 2 "Customer Identity and Access Management (CIAM) Solutions".
  6. "SAP buying Israel's Gigya for reported $350 million". Israel21c. 2017-09-25. Retrieved 2020-05-07.
  7. Solomon, Shoshanna. "SAP reportedly buys Israeli-founded Gigya for $350 million". www.timesofisrael.com. Retrieved 2020-05-07.
  8. Takahashi, Dean (July 1, 2011). "Gigya launches gamification suite to make web sites more fun (exclusive)". VentureBeat. Retrieved December 13, 2012.
  9. Empson, Rip (June 11, 2012). "Gigya grabs $15.3M from Benchmark, Adobe to "socialize" your business". TechCrunch. Retrieved December 13, 2012.
  10. "Gigya". VentureBeat Profiles. Retrieved December 13, 2012.
  11. Liyakasa, Kelly (September 19, 2013). "Gigya banks $25M from ExactTarget investor Greenspring" AdExchanger. Retrieved September 19, 2013.
  12. "Portfolio companies". Adobe Ventures. Adobe Systems . Retrieved December 13, 2012.
  13. "Forrester Wave Q2 2017: Gigya è Leader nel CIAM". noovle.it. Archived from the original on 2017-08-23. Retrieved 2023-09-04.
  14. "Gigya Named a Leader in Customer Identity and Access Management (CIAM)". GlobeNewswire News Room. 2017-06-15. Retrieved 2024-05-21.
  15. Salyer, Patrick. "Regarding Today's Service Attack". Gigya.com. Gigya, Inc. Archived from the original on 2014-12-02.
  16. "New Attack On The Western Media Websites". Archived from the original on 2014-12-04.
  17. Stosh, Brandon (27 November 2014). "Syrian Electronic Army Hacks Forbes, Ferrari, Daily Telegraph, Independent, Intel Among Hundreds of Others".
  18. "Gigya Introduces Enterprise Preference Manager To Fortify Customer Trust and Address New Privacy Regulations". martechseries.com. 11 October 2017. Retrieved 2017-11-15.