MILESTONES
19961997  |  1998  |  1999  |  2000

April 1996 Extricity Software, Inc. is incorporated by founders Ken Ross, CEO, and Greg Olsen, Ph.D., Chief Technical Officer. The company mission is to provide business-to-business integration software solutions that allow companies to leverage the Internet to gain efficiencies and competitiveness by creating, managing, and automating business processes with their customers, distributors and partners.

 

April 1996 Extricity receives its first round of financing for $3 million from B.J. Cassin, Bay Partners, Telos Venture Partners, and Ziff Brothers. The first round of financing is used to develop Extricity's core technology and identify the market opportunity.

 

May 1996 Extricity establishes headquarters in Redwood Shores, Calif.

 

July 1997 Extricity closes its second round of financing for $5 million, which includes initial investors B.J. Cassin, Bay Partners, Telos Venture Partners, as well as new investor, Piper Jaffray, taking the lead. The second round of financing is used to finance the product launch, including completion of field testing, development of the sales and service channels, and delivering the first product to customers.

 

August 1997 Adaptec, Inc., a $1 billion global manufacturer of network and I/O connectivity hardware and software products, becomes the first Extricity customer to successfully complete its pilot implementation of Extricity Alliance software. Adaptec chooses Extricity Alliance to fundamentally improve the way they interact with their partners and, in essence, implement a virtual factory.

 

October 1997 Extricity formally announces its software suite of products -- Extricity Alliance. Using Extricity Alliance, organizations can now gain the visibility, control,  responsiveness and speed necessary for managing mission-critical business processes along an entire value chain of customers and partners.

 

April 1998 Extricity announces its support to integrate the Microsoft Site Server 3.0 Commerce Edition - the newest member of Microsoft's BackOffice family - to the Extricity Alliance products.

 

April 1998 Inter@ctiveWeek names Extricity Software as one of the "10 Top Companies to Work For"

 

May 1998 PeopleSoft, Inc., a leading provider of enterprise application software, partners with Extricity to offer the industry's first end-to-end supply chain planning-through-execution solution for the extended enterprise. The solution leverages the Internet to allow organizations to work together with the speed and efficiency of a single entity.

 

June 1998 Microsoft Corp. presents Extricity with the Microsoft Retail Applications Developer Award for outstanding use of Microsoft technology and providing compelling business benefits to customers whose competitiveness depends upon leveraging their supply chains.

 

June 1998 Extricity announces its support for the Semiconductor Manufacturing Data Exchange (SMDX) Standard, which will enable the company to extend its Extricity Alliance solution to the semiconductor industry.

 

June 1998 Extricity releases Version 1.5 of its Extricity Alliance product family. The newest version includes enhancements to the product in the areas of process flexibility, comprehensive process management, and secure communications.

 

September 1998 Extricity closes its third round of financing for an additional $10 million. In addition to the original investors, this round of financing includes the investment firm of the Baan Brothers, Vandenberg Ventures B.V.; Cambridge Technology Capital Fund, the venture capital firm managed by Cambridge Technology Partners; Intel Corp.; RRE Investors (co-founded by James D. Robinson III, former CEO of American Express); and a leading global ERP software company.

 

September 1998 Intel Corp. makes an investment in Extricity as part of Intel's strategy to fund companies that can help create new and innovative uses for PCs and servers. The companies announce they will work together to optimize Extricity Alliance for Pentium II Xeon-based servers, and to deliver a future version of Alliance designed for Intel's IA-64 server platforms.

 

September 1998 Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract manufacturer for integrated circuits, chooses Extricity software products to drive a major strategic initiative to fundamentally improve the way they interact with their customers and, in essence, appear to their customers as an internal manufacturing group.

 

December 1998 Extricity introduces its 2.0 version of the Extricity Alliance suite of products, delivering the industry's most comprehensive set of offerings that tackles the biggest issues associated with integrating disparate applications and processes across disparate businesses and geography's.

 

December 1998 Extricity teams with IBM Corp. to integrate Extricity Alliance 2.0 with IBM's MQSeries, a family of commercial messaging products that enable application programs to communicate with each other using messages and queues. The bundling of IBM's MQSeries with Extricity Alliance 2.0 enables Extricity to offer customers a complete business management solution that provides increased interoperability and security.

 

December 1998 Extricity is included in InformationWeek's "Most Important Products of ‘98".

 

December 1998 Fortune Magazine names Extricity Software as one of the "Top 25 EnterpriseCompanies to Watch".

 

January 1999 Extricity wins prestigious Crossroads 99 A-List Award, presented by the Open Systems Advisors, Inc. The Crossroads A-List identifies the best new solutions in enterprise computing.

 

February 1999 InternetWeek names Extricity as one of the "10 E-Commerce Companies to Watch".

 

February 1999 Extricity announces its support for Commerce XML (cXML), a new protocol being developed by 40 leading companies, to create e-commerce standards so information  can be exchanged online in common formats, rather than setting up unique formats between different companies. Support for cXML extends Extricity's leverage of the World Wide Web Consortium-approved XML standard by enhancing the secure electronic management of catalog and transaction information across corporate boundaries.

 

April 1999 IBM Global Services and Extricity join forces in extending the IBM Global Services Intranet/Extranet Partnership Services capability to now include implementation projects for the Extricity Alliance product family.

 

April 1999 Extricity introduces Extricity MQAlliance"! , a new software offering for the IBM MQSeries messaging software. Extricity MQAlliance is designed to work across the IBM MQSeries family – MQSeries, MQSeries Integrator and MQSeries Workflow – to provide a comprehensive capability to coherently manage the flow of information both within an organization and between organizations throughout a value chain.

 

June 1999

Extricity launches its new AllianceSeries"! family of products, which includes ExtricityAlliance3.0, the flagship of the Extricity AllianceSeries, and new packaged e-business process solutions for specialized needs of a variety of industries and cross-industry functions.

 

June 1999

Extricity demonstrates first successful customer implementation of RosettaNet e-business standards.  Extricity AllianceSeries"! family of software products are being used to implement the first successful interactions between Solectron Corp. and Ingram Micro Inc.

 

June 1999

Extricity receives additional funding from Intel 64 Fund, a quarter billion dollar equity fund that invests in emerging technologies for next-generation servers and workstations utilizing Intel's IA-64 architecture

 

July 1999

Extricity is named as one of top ten companies developing enterprise software and services at the third annual Enterprise Outlook conference sponsored by Technologic Partners.  Selected as one of the e-business companies to receive the "Investors Choice" award, Extricity Software was chosen as "most likely to succeed" from 88 privately financed technology companies.

 

July 1999

Manugistics Group, Inc. selects Extricity Software as its first preferred partner under Manugistics' OAI/Net program.

 

July 1999

Extricity Software announces its continued active role in the RosettaNet eConcert initiative by helping to demonstrate "virtual distribution" capability between Marshall Industries and Solectron Corp.  RosettaNet is the leading standards body consortium focused on delivering pre-defined business-to-business processes for the IT industry.

 

August 1999

Adaptec, Inc. and Extricity Software are awarded "Best Business-to-Business e-Commerce Application" in the 1999 RealAwards produced by Intelligent Enterprise Magazine.  The RealWare awards recognize organizations for their outstanding implementations of IT in the enterprise.

 

September 1999

Extricity is featured in Time Magazine in an article that focuses on phenomenal growth and use of the Internet and its impact on business.

 

September 1999

SAP AG and Extricity Software demonstrate business-to-business collaboration at Sapphire '99.

 

September 1999

Extricity Software CEO Ken Ross speaks on Capitol Hill and takes leadership role in setting e-business agenda through participation in Electronic Commerce Forum.

 

October 1999

OnDisplay and Extricity form strategic partnership to provide a comprehensive industry solution for automating business-to-business e-commerce interactions.

 

October 1999

CompUSA selected Extricity to provide a business-to-business E-Commerce solution based on Rosettanet E-Business standards

 

October 1999

Extricity CEO Ken Ross speaks on Capitol Hill and takes leadership role in setting e-business agenda through participation in Electronic Commerce Forum.

 

October 1999

PricewaterhouseCoopers and Extricity form Strategic Alliance to drive global mainstream adoption of Rosettanet E-Business standards

 

November 1999

Extricity named in top 100 emerging companies to watch in 2000 by Computerworld Magazine

 

December 1999

Extricity launches European operations

January 2000

"Arrow Selects Extricity to Provide Business-to-Business E-commerce Solution Based On RosettaNet E-business Standards Business Editors "

 

January 2000

CommerceQuest and Extricity partner to deliver Business-to-Business integration solutions

 

January 2000

Extricity B2B software again wins prestigious Crossroads 2000 A-list award

 

February 2000

Barry M. Ariko, Former Netscape COO and Head of Oracle Americas, is names President and CEO of Extricity Software

 

February 2000

CommerceOne partners with Extricity to extend CommerceOne's existing MarketSite capabilities to offer complete end-to-end integration and B2B process automation

 

February 2000

Extricity delivers first comprehensive B2B software platform for Net Markets

 

February 2000

Extricity wins new customers and strategic alliances to support B2B Net Market platform

 

March 2000

Need2buy.com selects Extricity for B2B integration platform

 

April 2000

Extricity and eLease partner to provide online leasing services for Net Market and Enterprise customers

 

April 2000

"Extricity introduces Extricity B2B 4.0 to deliver the the first platform for B2B relationship management that powers and manages the full spectrum of interactions among businesses over the Internet. "

 

May 2000 Extricity files registration statement for initial public offering of common stock.

 

May 2000 Extricity and Moai partner to provide e-commerce solution for net markets.

 

May 2000 Extricity raises $50 million in mezzanine financing from both corporate and financial investors.

 

May 2000 Verisign and Extricity partner to offer Internet trust services for B2B electronic markets.

 

May 2000 Upside Magazine names Extricity as one of the Hot 100 Private Companies.

 

May 2000 eAI Journal Selects Extricity as "The Year's Most Innovative E-Business Solution"