Chordiant Software

Cambridge, United States Founded: 1983 • Age: 43 yrs Acquired By Pegasystems
CRM, BPM, EDM, and marketing software suite provided.
Annual revenue - Latest available
Total funding $58.0M 3 rounds
Employees 2453 Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Chordiant Software

Chordiant Software is a company based in Cambridge (United States) founded in 1983 was acquired by Pegasystems in March 2010. Chordiant Software has raised $58 million across 3 funding rounds from investors including Pegasystems, Norwest Venture Partners and General Motors. The company has 2,453 employees as of December 31, 2022. Chordiant Software operates in a competitive market with competitors including Twilio, Genesys, Freshworks, Dialpad and Sprinklr, among others.

  • Headquarter Cambridge, United States
  • Employees 2453 as on 31 Dec, 2022
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Pegasystems Inc
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $58 M (USD)

    in 3 rounds

  • Latest Funding Round
    $25 M (USD), Series B

    Feb 01, 2004

  • Investors
    Pegasystems

    & 7 more

  • Employee Count
    2453

    as on Dec 31, 2022

  • Acquired by
    Pegasystems

    (Mar 15, 2010)

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Funding Insights of Chordiant Software

Chordiant Software has successfully raised a total of $58M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in February 2004. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Chordiant Software

Chordiant Software has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Pegasystems, Norwest Venture Partners and General Motors.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment banking and growth capital solutions are provided by Charter Capital.
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Investments in technology companies are conducted globally by Battery Ventures.
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Brentwood Associates is engaged in growth-oriented private equity investments.
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Investor details for Chordiant Software

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Investments & Acquisitions by Chordiant Software

Investments
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Investment portfolio details for Chordiant Software

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Financial Statements - Chordiant Software

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Detailed financials for Chordiant Software

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Chordiant Software Comparisons

Chordiant Software Primary company
Description
CRM, BPM, EDM, and marketing software suite provided.
Location
Cambridge, United States
Founded Year
1983
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
2,453
As of 2022
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Peer comparison for Chordiant Software

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Competitors of Chordiant Software

Chordiant Software operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Twilio, Genesys, Freshworks, Dialpad and Sprinklr, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based omnichannel communication and customer engagement platform is utilized.
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Cloud-based omnichannel customer experience and contact center solutions are delivered.
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Cloud-based business process management suite solutions are delivered.
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Cloud-based unified communication solutions including voice and video are provided.
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Cloud-based customer experience management software is provided for brands.
Locked Locked Locked
Provider of customer communications management platform
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Detailed competitors of Chordiant Software

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Latest news on Chordiant Software

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Frequently Asked Questions about Chordiant Software

Chordiant Software was founded in 1983 and raised its 1st funding round 15 years after it was founded.

Chordiant Software is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Chordiant Software is a funded company, having raised a total of $58M across 3 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Chordiant Software is 2,453.

Chordiant Software was founded in 1983 in Cambridge, United States, with operations centered on software solutions for customer relationship management, business process management, and enterprise decision management. Predictive applications were delivered to support marketing, customer service, and loyalty executives in analyzing customer behavior. Personalized, event-driven campaigns were enabled through the Marketing Director Suite, allowing development, execution, tracking, and refinement to improve interactions and measure outcomes.

Chordiant Software's top competitors include Twilio, Genesys and Freshworks.

Chordiant Software has 8 investors. Key investors include Pegasystems, Norwest Venture Partners, General Motors, Charter Capital, and Battery Ventures.

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