Corechange

Boston, United States Founded: 1996 • Age: 30 yrs Acquired By OpenText
Cloud-based software enables enterprise collaboration and knowledge management.

About Corechange

Corechange is a company based in Boston (United States) founded in 1996 was acquired by OpenText in February 2003. Corechange has raised $61 million across 2 funding rounds from investors including UBS, OpenText and Samsung Venture Investment. The company has 31 employees. Corechange operates in a competitive market with competitors including Scribe, Happeo, Bloomfire, Guru and Guidde, among others.

  • Headquarter Boston, United States
  • Employees 31
  • Sectors
    Technology
  • Website corechange.com
  • Acquired by OpenText (Feb 2003)
  • Legal Name Corechange, Llc
Key Metrics
  • Total Equity Funding
    $61M (USD)

    in 2 rounds

  • Latest Funding Round
    $36M (USD), Series B

    Jan 2002

  • Investors
    UBS

    & 4 more

  • Employee Count
    31
  • Acquired by
    OpenText

    (Feb 2003)

Funding Insights of Corechange

Corechange has successfully raised a total of $61M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $36 million completed in January 2002. 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.

  • Total Funding $61M
  • Total Rounds 2
  • Last Round Series B β€” $36M
  • First Round $25M

    (Mar 2001)

  • Investors Count 4

All 2 funding rounds of Corechange with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2002$36MSeries B––
Mar 2001$25MSeries B–UBS
Valuation history

5 investors in total: 5 institutional.

Investors in Corechange

Corechange has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include UBS, OpenText and Samsung Venture Investment.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are made in promising startups.
1999samsungventure.co.krSeocho, South Korea
Private equity firm
–sterlingpartners.comChicago, United States
Financial services are provided globally by UBS for wealth management.
1862ubs.comZurich, Switzerland
Enterprise networking solutions and end-user equipment are provided.
1971nortel-us.comHouston, United States
Cloud-based enterprise information management and GRC solutions are provided.
1991opentext.comWaterloo, Canada
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Investor details for Corechange

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Timeline of Corechange

4 dated milestones of Corechange across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Corechange is founded.
  2. Funding First funding round of $25.0M.
  3. Funding Latest funding round, Series B, of $36.0M.
  4. Exit Acquired by OpenText.

Competitors of Corechange

Corechange 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 Scribe, Happeo, Bloomfire, Guru and Guidde, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
scribehow.com2019San Francisco, United States$53M26
Step-by-step guides for sales demos and customer training are auto-generated.
happeo.com2016Helsinki, Finland$48.68M–
Enterprise social networking platform
bloomfire.com2010Austin, United States$32.85M27
Cloud-based platform for knowledge management and team collaboration is provided.
getguru.com2013Philadelphia, United States$68.05M154
Knowledge is captured and shared through expert-created cards.
guidde.com2020Belmont, United States$30.6M–
Cloud-based video tools for knowledge sharing and management are provided.
shelf.io2016Stamford, United States$59.39M–
Cloud-based platform for knowledge management and content curation is offered.
bainsight.com2004New York, United States$14.5M31
AI-driven enterprise search platforms are offered to businesses.
lucy.ng2015Lagos, Nigeria––
Bulk gifts are purchased online from various categories in Nigeria.
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Detailed competitors of Corechange

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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  • Operating metrics
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Web traffic of Corechange

Websites that share an audience with Corechange (corechange.com).

Similar websites

Websites whose visitors overlap most with Corechange. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
johannburkard.de
johannburkard.de
100%
–#14,168,835–
changingworlds.com
100%
––View details
atg.com
100%
––View details
radicasys.com
100%
1.5K#10,370,933View details
sourceforge.net
100%
21.2M#2,042View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 19 similar websites and full traffic analytics for Corechange

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 19 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Corechange

Corechange gets $11 million
CNET β€’ 24 years ago
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Complete news archive for Corechange

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Corechange

10 companies that operate in the same segment as Corechange (Enterprise Collaboration & Video Tools), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based team communication and collaboration platform is provided.
2009San Francisco, California, United StatesUSD 1.22 B–74
Cloud-based enterprise collaboration suites are delivered for team productivity.
2002Sydney, New South Wales, AustraliaUSD 210 MUSD 6.57 B13,810
Collaborative platform for design prototyping and feedback is provided.
2012San Francisco, California, United StatesUSD 748.75 M––
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B2,810
Cloud-based software for enterprise collaboration and project management is provided.
2013San Francisco, California, United StatesUSD 417.7 M––
Cloud-based platform for project management and team tracking is offered.
2012Tel Aviv, IsraelUSD 234.7 MUSD 1.23 B2,510
Integrated documents and spreadsheets are utilized for team project management.
2014San Francisco, California, United StatesUSD 240 M––
Cloud based suite solutions for enterprise project management
2005Bellevue, Washington, United StatesUSD 120.59 M––
Cloud-based file sharing and file transfer application
2009Amsterdam, NetherlandsUSD 63.81 M––
Real-time communication and conversational AI solutions are provided by Agora.
2014Guangzhou, Guangdong, ChinaUSD 55 MUSD 141.43 M608
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Frequently Asked Questions about Corechange

Corechange was founded in 1996 and raised its 1st funding round 5 years after it was founded.

Corechange is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Corechange is a funded company, having raised a total of $61M across 2 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Mar 2001.

Corechange has 31 employees.

Corechange was founded in 1996 in Boston, United States, and operates in the software sector focused on enterprise collaboration and knowledge management. Cloud-based platforms are utilized to support internal and external portals for team interactions. Documents are managed, files are shared, project discussions are handled, tasks are scheduled, and workflows are overseen through these systems.

Corechange's top competitors include Scribe, Bloomfire and Guru.

Corechange has 5 investors. Key investors include UBS, OpenText, Samsung Venture Investment, Nortel US, and Sterling Partners.

Corechange operates through Corechange, Llc.

Yes. Corechange was acquired by OpenText in February 2003.

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