MarkLogic Buys Smartlogic
November 29, 2021
has acquired Smartlogic, a premier metadata management solutions provider and
leader in semantic AI technology. As part of the transaction, Smartlogic’s
founder and Chief Executive Officer, Jeremy Bentley, as well as other members of
the senior management team, will join the MarkLogic executive team.
Financial terms of the transaction were not disclosed.
Founded in 2006, Smartlogic has deciphered, filtered, and connected data for
many of the world’s largest organizations to help solve their complex data
problems. Global organizations in the energy, healthcare, life sciences,
financial services, government and intelligence, media and publishing, and
high-tech manufacturing industries rely on Smartlogic’s metadata and AI platform
every day to enrich enterprise information with context and meaning, as well as
extract critical facts, entities, and relationships to power their businesses.
For the past four years, Smartlogic has been recognized as a leader by Gartner’s
Magic Quadrant for Metadata Management Solutions and by Info-Tech as the
preeminent leader of the Data Quadrant for Metadata Management (May 2021).
Jeff Casale, Chief Executive Officer of MarkLogic, said, “Enterprises are facing
significantly more complex data challenges than ever before. By acquiring and
integrating with Smartlogic, a best-in-class metadata and AI platform, we
provide our customers with the tools to more easily unlock the enormous value
embedded in human-generated content. We’re very excited to work with Jeremy and
his talented team as we grow the business and deliver better outcomes for our
unlocks the value in important data sets many enterprises rely on by leveraging
sophisticated semantic AI to enable better decision making,” said Stephen
Goodman, a Principal at Vector Capital. “Smartlogic’s ability to deliver
actionable intelligence is complementary with MarkLogic’s powerful offerings and
we are excited to deliver a more complete and informed perspective to customers
through this combination.”
“This is an exciting next step for Smartlogic and I want to thank our entire
team for their contributions in reaching this achievement,” said Mr. Bentley.
“As part of the MarkLogic family, we will be better positioned to scale our
robust AI platform, invest in our market leading technology, and provide an even
greater number of customers with a unified data solution that can help solve
their most complex business data problems.”