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Medidata history
Medidata company history timeline
In 2001, the Medidata Rave was introduced to cater to the pharmaceutical and medical customers.
In 2004, they completed a $10 million round of financing with Insight Venture Partners, and were later backed by investors including Milestone Venture Partners and Stonehenge Capital Fund.
In 2007, Rave product was integrated to Fast Track’s Trail Space Designer in order to better serve the medical community.
Then in 2008, the company acquired Fast Track Systems and added the Medidata designer tool, Medidata grants manager for site budgeting and benchmarking and Medidata CRO contractor for planning and managing CRO contracts.
Ikeguchi left the company in 2008, and de Vries moved from chief technology officer to president, with Tarek as chief executive officer.
On January 26, 2009, Medidata filed to raise $86 million in an initial public offering (IPO). It made its IPO on the Nasdaq Stock Market on June 25, 2009, with its market capitalization at $313 million.
Medidata is ranked ‘number nine’ on Business Insider’s 2015 list of “25 most valuable cloud computing companies”. The company is still sticking to its co-founders’, Tarek Sherif and Glen De Vries, vision of tackling real world problems and making a difference in the lives of people worldwide.
The company was ranked #11 on Fortune magazine's 2017 Fortune Future 50 list,#51 on the Fortune 100 Fastest Growing Companies list, and #59 on the Forbes list of Most Innovative Growth Companies, at a value of $3.3 billion as of May 2017.
In 2018, Medidata was ranked #70 on Barron's 100 Most Sustainable Companies list.
In December 2019, Medidata was acquired by Dassault Systèmes.
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Medidata competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Informatica | 1993 | $1.6B | 5,249 | 6 |
| Trustwave | 1995 | $216.0M | 1,600 | - |
| Intuit | 1983 | $16.3B | 10,600 | 1,077 |
| Veeva Systems | 2007 | $2.7B | 5,482 | 567 |
| Zuora | 2007 | $431.7M | 1,221 | 12 |
| ICE Mortgage Technology | 1997 | $480.3M | 1,750 | - |
| Sun Gard Data Systems Inc | 1983 | $5.0B | 13,000 | - |
| Fortinet | 2000 | $6.0B | 9,700 | 274 |
| Workday | 2005 | $8.4B | 12,500 | 130 |
| athenahealth | 1997 | $1.2B | 6,001 | 64 |
Medidata history FAQs
Zippia gives an in-depth look into the details of Medidata, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Medidata. The employee data is based on information from people who have self-reported their past or current employments at Medidata. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Medidata. The data presented on this page does not represent the view of Medidata and its employees or that of Zippia.
Medidata may also be known as or be related to MEDIDATA SOLUTIONS INC., Medidata, Medidata Solutions, Medidata Solutions Inc, Medidata Solutions Inc. and Medidata Solutions, Inc.