Onvia

Last updated
Onvia, Inc.
Company type Public
Nasdaq:  ONVI
Industry Business intelligence
Founded1996;28 years ago (1996)
FounderGlenn Ballman
Headquarters
Seattle, Washington
,
United States
Parent Deltek
Website onvia.com

Onvia, Inc. is an American government business intelligence company with 180 employees and annual revenue of US $21.1 million. Onvia offers a number of business-to-business software products, including Onvia Business Builder, a government leads and relationship manager; Onvia Navigator, a database of government contracts; and the Onvia Guide, which provides push notifications of government business opportunities.

Contents

Onvia is located in Seattle, Washington, USA.

History

Onvia was founded in 1996 by 25-year-old Canadian entrepreneur Glenn Ballman, [1] as a one-stop shop for small business owners, initially selling over 25,000 office supplies on its website, Onvia.com. Onvia raised US $70 million in early rounds of financing, [2] and went public on March 1, 2000 on the NASDAQ [3] where it raised US $235 million. In August 2000 the company was awarded "Hottest Startup in Canada" by the Toronto Board of Trade and Profit Magazine. [4] In August 2000 Onvia acquired Globe-1, a business-to-government portal, turning the company's focus away from e-commerce to the government-bid space. Onvia then used its cash reserves to buy competitors, including DemandStar in March 2001. [5]

In 2005, Onvia released Onvia Business Builder, a tool allowing subscribers to research historical and real-time data on individual government contract opportunities [6] Onvia continued to focus on the business to government market until the launch of their private sector tool, Onvia Planning and Construction, in February 2008. [7] In the third quarter of 2007, Onvia reported net income for the first time, but has lost money in all but that one quarter, according to its SEC filings. [8]

In early 2009, Onvia launched www.recovery.gov, with the stated goal of bringing increased transparency and accountability to economic recovery spending. The site features real-time data, maps, and graphs detailing the spending activity associated with the American Recovery and Reinvestment Act [9]

In November 2017, Onvia was purchased by Deltek, [10] a division of Roper Technologies. [11]

Related Research Articles

<span class="mw-page-title-main">Cisco</span> American multinational technology company

Cisco Systems, Inc. is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products. Cisco specializes in specific tech markets, such as the Internet of things (IoT), domain security, videoconferencing, and energy management with leading products including Webex, OpenDNS, Jabber, Duo Security, Silicon One, and Jasper.

Cognos Incorporated was an Ottawa, Ontario-based company making business intelligence (BI) and performance management (PM) software. Founded in 1969, at its peak Cognos employed almost 3,500 people and served more than 23,000 customers in over 135 countries until being acquired by IBM on January 31, 2008. While no longer an independent company, the Cognos name continues to be applied to IBM's line of business intelligence and performance management products.

<span class="mw-page-title-main">Genworth Financial</span> American insurance company

Genworth Financial, headquartered in Richmond, Virginia, provides life insurance, long-term care insurance, mortgage insurance, and annuities.

net2phone is a Cloud Communications provider offering cloud based telephony services to businesses worldwide. The company is a subsidiary of IDT Corporation.

<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.

<span class="mw-page-title-main">Jason Calacanis</span> American businessman

Jason McCabe Calacanis is an American Internet entrepreneur, angel investor, author and podcaster.

Web.com is an American dot-com company that provides a website builder, along with website hosting, domain name registration, web development, and various digital marketing services. It serves as a partner for very small to small-sized businesses and entrepreneurs, assisting them in establishing and expanding their online presence.

<span class="mw-page-title-main">Wix.com</span> Israeli software company

Wix.com Ltd. is an Israeli software company, publicly listed in the US, that provides cloud-based web development services. It offers tools for creating HTML5 websites and mobile sites using online drag-and-drop editing. Along with its headquarters and other offices in Israel, Wix also has offices in Brazil, Canada, Germany, India, Ireland, Japan, Lithuania, Poland, the Netherlands, the United States, Ukraine, and Singapore.

Kaleil Isaza Tuzman is a former entrepreneur associated with digital media, who spent more than 20 years in that industry before being convicted of multiple counts of fraud in 2017. Tuzman started his career at Goldman Sachs, was co-founder of GovWorks.com, served as President of JumpTV, and then as chief executive officer and chairman of KIT Digital, Inc. On September 7, 2015, he was arrested in Colombia and held in a Bogotá prison until being extradited to the United States to face charges of fraud and market manipulation in connection with the defrauding of investors in KIT Digital and two investment funds. He was convicted on all counts in December 2017.

<span class="mw-page-title-main">Blue Coat Systems</span> American cybersecurity and network management company

Blue Coat Systems, Inc., was a company that provided hardware, software, and services designed for cybersecurity and network management. In 2016, it was acquired by and folded into Symantec. In 2019 was, as part of Symantec Enterprise division, sold to Broadcom.

<span class="mw-page-title-main">The Knot Worldwide</span> Company

The Knot Worldwide, formerly XO Group, The Knot Inc, and WeddingWire, Inc, is a global technology company that provides content, tools, products and services for couples who are planning weddings, organizing a celebration, and navigating pregnancy and parenting. In 2019, The Knot Worldwide was created by a merger between predecessors XO Group Inc. and WeddingWire, Inc.

govWorks Inc. was a dot-com company that was founded in 1998 by Kaleil Isaza Tuzman, Tom Herman and Chieh Cheung. It went bankrupt when the dot-com bubble burst in 2000. govWorks's rise and fall is documented in the 2001 documentary Startup.com. The firm, originally known as Public Data Systems, produced software to help government clients track contracts and purchasing functions. As the Internet boom accelerated, the company transitioned toward becoming an Internet web portal.

<span class="mw-page-title-main">Stripe, Inc.</span> Irish-American multinational financial services and SaaS company

Stripe, Inc. is an Irish-American multinational financial services and software as a service (SaaS) company dual-headquartered in South San Francisco, California, United States and Dublin, Ireland. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications.

Adzuna is a search engine for job advertisements. The company operates in 19 countries worldwide and the UK website aggregates job ads from several thousand sources.

<span class="mw-page-title-main">Domo, Inc.</span> American computer software company

Domo, Inc. is an American cloud software company based in American Fork, Utah, United States. It specializes in business intelligence tools and data visualization.

Wickr is an American software company based in New York City, known for its instant messenger application of the same name. The Wickr instant messaging apps allow users to exchange end-to-end encrypted and content-expiring messages, and are designed for iOS, Android, Mac, Windows, and Linux operating systems. Wickr was acquired by Amazon Web Services (AWS) mid-2021 and discontinued the free version of the app in December 2023.

Alteryx, Inc. is an American computer software company based in Irvine, California, with a development center in Broomfield, Colorado, and offices worldwide. The company's products are used for data science and analytics. The software is designed to make advanced analytics automation accessible to any data worker.

Looker Data Sciences, Inc. is an American computer software company headquartered in Santa Cruz, California. It was acquired by Google in 2019 and is now part of the Google Cloud Platform. Looker markets a data exploration and discovery business intelligence platform.

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

<span class="mw-page-title-main">Deltek</span> American software company

Deltek is an American multinational enterprise software and information solutions corporation headquartered in Herndon, Virginia. The company sells software to government contractors, engineering, architectural, accounting, and consulting firms to manage customer information, financial and project accounting, project management, risk management, enterprise resource planning, invoicing, revenue, financial compliance, and expenses. Since 2016, its parent company has been Roper Technologies. Bob Hughes is Deltek’s president and CEO.

References

  1. ↑ Canadian Encyclopedia (2007). "Martin's Budget." Historica Foundation of Canada
  2. ↑ Cook, John (1999-9-8). "Onvia.com able to raise $11 million." Seattle Post-Intelligencer
  3. ↑ Internet Capital Group (2000-3-1). "Internet Capital Group Announces the Initial Public Offering of Its Partner Company Onvia.com." Business Wire
  4. ↑ Business Editor (2000-8-28). "Toronto Board of Trade and Profit Magazine Name Onvia.com Hottest Startup in Canada." Business Wire
  5. ↑ Tice, Carol (2001-6-29). "Onvia pursues profitability with new business model." Puget Sound Business Journal .
  6. ↑ Business Wire (2005-7-5). "Onvia to Launch New Business Intelligence Tool for Business to Government Market." Business Wire
  7. ↑ Reuters (2008-2-11). "New Onvia Service Fills Information Gap with Early Visibility into Commercial and Residential Development Archived 2012-09-12 at archive.today ." Reuters
  8. ↑ Cameron Way (2007-10-30). "Onvia Generates Net Income in the Third Quarter of 2007." "Onvia Inc. (ONVI.O) Company Profile Archived 2016-08-10 at the Wayback Machine ." Reuters
  9. ↑ Recovery.gov (2009-3-31). "Welcome to Recovery.gov and Onvia Archived 2009-02-21 at the Wayback Machine ." Recovery.gov
  10. ↑ "Deltek Completes Its Acquisition of Onvia". www.deltek.com. Retrieved 2019-02-27.
  11. ↑ "Deltek closes $70M Onvia acquisition". Washington Technology. 2017-11-17. Retrieved 2023-09-20.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.