Searching for an 07 IPO

Tim Mullaney

Had a chat a few days back with Steve Papa, the founder of a very interesting search-technology startup called Endeca. It's big in a couple of areas. First, it has built a specialized search engine e-tailers use to make it easier to drill down through thousands of products to find the book or drill you want. Top clients include Walmart.com and a total of about 40 of the top 100 e-tail sites, Papa says. It's also adapting its technology to help big enterprises manage the piles of data and expertise they have -- think buzzwords like knowledge management and business analytics. Big clients there include IBM, which uses Endeca software to keep track of its thousands of consultants' expertise so they can match the right consultant to the right job. (That project landed IBM on last year's BW Websmart 50 companies list).

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