ITA Software: Difference between revisions
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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> |
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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 [[ |
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> |
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==References== |
==References== |
Revision as of 04:27, 21 August 2007
Company type | Private company |
---|---|
Industry | Software, Travel |
Founded | 1996 |
Headquarters | Cambridge, MA |
Key people | Jeremy Wertheimer: President & CEO, Carl de Marcken: Chief Scientist, Dave Baggett: Chief Operating Officer |
Products | Software |
Number of employees | 400+ |
Website | www.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
External links
- ITA Software, Inc. Home
- Carl de Marcken: Inside Orbitz, Revenge Of The Nerds and Great Hackers by Paul Graham
- Computational Complexity of Air Travel Planning by Carl de Marcken
- Lisp and ITA Software move airline travel to a higher altitude by Franz, Inc.
- ITA Software lands big investment for Internet ticketing, by Julie Johnsson (Chicago Business, January 23, 2006)