Socrata

Last updated
Socrata
Company type Private
Industry Data as a Service
Founded2007
FounderKevin Merritt
Headquarters Seattle, Washington, United States
Key people
Kevin Merritt, Safouen Rabah, Matt Miszewski
Products Open data, government performance management, government financial insights, data-driven government
Website www.socrata.com

Socrata was a business-to-government software company that sold an open data platform whose goal was to help civic developers build apps more efficiently. [1] The company was acquired by Tyler Technologies in 2018.

Contents

History

In 2007, Socrata was established in Seattle, Washington, in the United States. The company later expanded to have offices in Washington, D.C. and London, UK.

Initially known as Blist, Socrata was introduced as an online database software service provider at the DEMO 2008 conference. [2]

In 2009, the company rebranded as Socrata and shifted its focus towards serving the public sector. [3]

In 2016, Socrata formed a strategic partnership with Motorola Solutions to develop and operate CrimeReports. This resulted in a crime mapping solution being provided to over 1,200 law enforcement agencies in the US. [4]

In 2017, The Obama White House presented their budget using Socrata, Genius, and GitHub. [5]

In 2018, Socrata was acquired by Tyler Technologies. [6] A majority of the employees joined Tyler and the offices in Seattle and Washington D.C. remained open. [7]

In 2019, Motorola Solutions parted ways with Socrata after a three-and-a-half-years ending access to open crime APIs across the USA. [8]

Cost

Socrata was purchased by the City of Los Angeles for $319,000 in initial fees and $287,000 in annual fees, as reported in 2015 by Governing Magazine. [9]

Open Data Network

In July 2014, Socrata launched the Open Data Network, a machine learning-powered initiative aimed at promoting data-centered collaboration between the public and private sectors. This network provides governments with access to various types of data, including crime data, transit data, 311 service request data, and expenditure data. [10] The San Francisco administration later incorporated the open data network into its operations.

FedRAMP

In January 2008, Socrata received its initial series, a round of venture capital funding, totaling $6.5 million, from Morgenthaler Ventures and Frazier Technology Ventures. [11] The company later received a series B funding round of $18 million from OpenView Venture Partners, Morgenthaler Ventures, Frazier Technology Partners, and In-Q-Tel in June 2013. In November 2014, Socrata closed a C round of funding, worth $30 million, with Sapphire Ventures as the lead investor and participation from Morgenthaler Ventures, Frazier Technology Ventures, and OpenView Venture Partners. [12] [13]

In 2017, Socrata was authorized to operate with a Moderate status under the Federal Risk and Authorization Management Program (FedRAMP) of the US Government's General Services Administration (GSA) Program Management Office. [14]

Related Research Articles

Accel, formerly known as Accel Partners, is a global venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, and India.

<span class="mw-page-title-main">Magento</span> Open-source e-commerce platform

Magento is an open-source e-commerce platform written in PHP. Magento source code is distributed under Open Software License. Magento was acquired by Adobe Inc in May 2018 for $1.68 billion.

<span class="mw-page-title-main">GitHub</span> Software development collaboration platform

GitHub is a proprietary developer platform that allows developers to create, store, manage, and share their code. It uses Git to provide distributed version control and GitHub itself provides access control, bug tracking, software feature requests, task management, continuous integration, and wikis for every project. Headquartered in California, it has been a subsidiary of Microsoft since 2018.

<span class="mw-page-title-main">Figure Eight Inc.</span> American software company

Figure Eight was a human-in-the-loop machine learning and artificial intelligence company based in San Francisco.

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

Atlassian Corporation is an American-domiciled Australian software company that specializes in collaboration tools designed primarily for software development and project management. The company is globally headquartered in Sydney, Australia, with a US headquarters in San Francisco, and over 12,000 employees across 14 countries. Atlassian currently serves over 300,000 customers in over 200 countries across the globe.

SpotCrime.com is a Baltimore-based company founded in October 2007 and privately owned by ReportSee, Inc. Its purpose is to provide nationwide crime information about arrests, arsons, assaults, burglaries, robberies, shootings, thefts and vandalism. SpotCrime generally maps data for any police agency which supplies open data access to crime data. Data mapped by SpotCrime is mainly sourced from police departments and news reports.

AH Capital Management, LLC is an American privately held venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of April 2023, Andreessen Horowitz ranks first on the list of venture capital firms by assets under management, with $42 billion as of May 2024.

Instructure Holdings, Inc. is an educational technology company based in Salt Lake City, Utah, United States. It is the developer and publisher of Canvas, a web-based learning management system (LMS), and Mastery Connect, an assessment management system.

<span class="mw-page-title-main">Vista Equity Partners</span> American investment firm

Vista Equity Partners Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. With over $100 billion in assets under management (AUM), it is one of the largest private equity firms in the world. Vista Equity Partners has invested in hundreds of technology companies, including Citrix, SentinelOne, and Marketo, and has achieved many accolades in the space, most recently being named as 2023's Global Technology Private Equity Firm of the Year by Private Equity International.

Twilio Inc. is an American cloud communications company based in San Francisco, California, which provides programmable communication tools for making and receiving phone calls, sending and receiving text messages, and performing other communication functions using its web service APIs.

Capillary Technologies is an international SaaS technology company. Capillary's primary product is its cloud-based customer loyalty/customer engagement and e-commerce platform, Intelligent Loyalty. Capillary also offers loyalty and other marketing consulting services.

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

Datadog, Inc. is an American company that provides an observability service for cloud-scale applications, providing monitoring of servers, databases, tools, and services, through a SaaS-based data analytics platform. Founded and headquartered in New York City, the company is a publicly traded entity on the Nasdaq stock exchange. The mascot is a dog named Bits.

VoloMetrix, Inc. is an American subsidiary of Microsoft based in Seattle, Washington. VoloMetrix sells analytics software that combines data from collaboration platforms to create data visualizations and dashboards. At the end of April 2013, the company raised $3.3M in series A funding from Shasta Ventures. In October 2014, VoloMetrix announced a series B funding round with Shasta Ventures and Split Rock Partners that raised $12M. In September 2015, Microsoft announced that they had acquired the company, but did not disclose the amount. The acquisition was made to improve existing Microsoft offerings such as Microsoft Office 365 and Microsoft Delve.

TubeMogul is an enterprise software company for brand advertising.

<span class="mw-page-title-main">Good Technology</span> American cybersecurity company

Good Technology, owned by BlackBerry Limited, is a mobile security provider headquartered in Sunnyvale, California, United States. The company serves more than 5,000 organizations worldwide in industries such as financial services, healthcare, manufacturing, energy and utilities, legal, government, and technology. Good makes products for managing and securing mobile devices in a business environment. The company focuses on securing apps and data on mobile devices.

<span class="mw-page-title-main">Matrix (protocol)</span> Networking protocol for real-time communication

Matrix is an open standard and communication protocol for real-time communication. It aims to make real-time communication work seamlessly between different service providers, in the way that standard Simple Mail Transfer Protocol email currently does for store-and-forward email service, by allowing users with accounts at one communications service provider to communicate with users of a different service provider via online chat, voice over IP, and videotelephony. It therefore serves a similar purpose to protocols like XMPP, but is not based on any existing communication protocol.

<span class="mw-page-title-main">Alvin Salehi</span> American technology executive

Alvand "Alvin" Salehi is an American tech entrepreneur, attorney and angel investor. He is the co-founder of Shef, Code.gov and a former White House technology advisor under President Obama.

<span class="mw-page-title-main">Tyler Technologies</span> American Technology Company

Tyler Technologies, Inc., based in Plano, Texas, is a provider of software to the United States public sector. Tyler Technologies has offices in 17 states and one in Toronto, Ontario, Canada.

<span class="mw-page-title-main">Netlify</span> American cloud computing company

Netlify is a remote-first cloud computing company that offers a development platform that includes build, deploy, and serverless backend services for web applications and dynamic websites.

Postman is an Indian-origin global software company that offers an API platform for developers to design, build, test, and collaborate on APIs. Over 30 million registered users and 500,000 organizations are using Postman. Postman also maintains the Postman API Network, a directory of over 100,000 public APIs that is listed as the world’s largest such collection. The company is headquartered in San Francisco and maintains additional offices in Tokyo and Bangalore, where Postman was founded.

References

  1. ↑ "Socrata Raises $18M For Platform To Open Government Data". TechCrunch. 2013-06-26. Retrieved 2023-07-22.
  2. ↑ "Blist Prepares Easy Web-based Database Application". TechCrunch. 2007-11-10.
  3. ↑ "Start-Up Taps Obama E-Gov Energy". National Journal . 2009-06-02. Archived from the original on 2011-07-14.
  4. ↑ "Motorola and Socrata Partner to Improve Neighborhood Crime Maps for Citizens". Geekwire. 2016-03-15.
  5. ↑ Oluwafemi, Bankole (2016-02-10). "Obama presents his final 2017 budget on Genius and GitHub". TechCabal. Retrieved 2023-07-22.
  6. ↑ "Seattle tech company Socrata bought by Tyler Technologies". The Seattle Times. 2018-04-18. Retrieved 2018-04-19.
  7. ↑ "Seattle open data startup to be acquired by Tyler Technologies". bizjournals.com. Retrieved 2018-04-19.
  8. ↑ "Motorola Parts with Socrata, Ends Access to Open Crime APIs". GovTech. 2019-12-23. Retrieved 2024-11-14.
  9. ↑ "The (Hidden) Cost of Open Data". Governing. 2015-07-21. Retrieved 2024-11-14.
  10. ↑ "Socrata's Open Data Network a Hub to Connect the Public and Private Sectors". Government Technology. 2014-07-25.
  11. ↑ Cook, John (2008-02-20). "Database startup Blist scores $6.5 million stake". Seattle Post-Intelligencer.
  12. ↑ Cook, John (2013-06-26). "Socrata lands $18 million, continuing mission to unlock troves of government data". GeekWire.
  13. ↑ Peters, Katherine (2013-09-03). "In-Q-Tel Investment Signals Intel Community Focus on Data Sharing". NextGov.
  14. ↑ "Socrata Clears FedRAMP, Embraces Non-Open Data". Government Technology. 2016-06-07.
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.