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In January 2006, ITA received $100 million in [[Venture Capital]] money, from a syndicate led by [[Battery Ventures]], marking the largest investment in a software firm in New England in 5 years. <ref>http://www.boston.com/business/technology/articles/2006/01/23/software_firm_gets_100m_in_backing/</ref>
In January 2006, ITA received $100 million in [[Venture Capital]] money, from a syndicate led by [[Battery Ventures]], marking the largest investment in a software firm in New England in 5 years. <ref>http://www.boston.com/business/technology/articles/2006/01/23/software_firm_gets_100m_in_backing/</ref>


In September 2006, ITA announced a several million dollar deal with [[Air Canada]]<ref>http://www.boston.com/business/ticker/2006/09/ita_software_si.html</ref> to develop a new [[Airline_Reservation_System]] to power its reservations, inventory control, seat availability, check-in, and airport operations.<ref>http://www.generalcatalyst.com/news/view/342</ref>
In September 2006, ITA announced a several million dollar deal with [[Air Canada]]<ref>http://www.boston.com/business/ticker/2006/09/ita_software_si.html</ref> to develop a new [[Airline Reservation System]] to power its reservations, inventory control, seat availability, check-in, and airport operations.<ref>http://www.generalcatalyst.com/news/view/342</ref>


==References==
==References==

Revision as of 04:27, 21 August 2007

ITA Software, Inc.
Company typePrivate company
IndustrySoftware, Travel
Founded1996
HeadquartersCambridge, MA
Key people
Jeremy Wertheimer: President & CEO, Carl de Marcken: Chief Scientist, Dave Baggett: Chief Operating Officer
ProductsSoftware
Number of employees
400+
Websitewww.itasoftware.com


ITA Software, Inc. is a travel industry software company in Cambridge, Massachusetts. The company was founded by computer scientists from the MIT Artificial Intelligence Laboratory in 1996.

ITA's first product was an airfare search and pricing system called "QPX". This system is now used by Orbitz, CheapTickets, travel agents and many of the U.S. and international airlines. ITA also hosts its own website based on QPX, although you cannot buy tickets on it.

In January 2006, ITA received $100 million in Venture Capital money, from a syndicate led by Battery Ventures, marking the largest investment in a software firm in New England in 5 years. [1]

In September 2006, ITA announced a several million dollar deal with Air Canada[2] to develop a new Airline Reservation System to power its reservations, inventory control, seat availability, check-in, and airport operations.[3]

References