ITA Software

United States Founded: 1996 • Age: 30 yrs Acquired By Google
Software is developed for airline and travel sectors.
Annual revenue - Latest available
Total funding $100.0M 6 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About ITA Software

ITA Software is a company based in United States founded in 1996 by David Baggett was acquired by Google in April 2011. ITA Software has raised $100 million across 6 funding rounds from investors including Google, HHS and Battery Ventures. ITA Software offers products and services including QPX, ReShop, Award Shopping, and Merchandising. ITA Software operates in a competitive market with competitors including JR Technologies, Routehappy, Paxport, GuestLogix and Datalex, among others.

  • Headquarter United States
  • Founders David Baggett
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ita Software Inc
Operational Areas
Technology → Aviation & Specialized Tech Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $100 M (USD)

    in 6 rounds

  • Latest Funding Round
    $36.65 M (USD), Grant

    Dec 21, 2010

  • Investors
    Google

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    Google

    (Apr 08, 2011)

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Products & Services of ITA Software

ITA Software offers a comprehensive portfolio of products and services, including QPX, ReShop, Award Shopping, and Merchandising.

Primary

Platform for flight pricing, shopping, and availability experiences

Manages flight alternatives for ticket changes and refunds

Assists in finding award flights while meeting revenue goals

Facilitates sale of ancillary products to boost customer revenue

People of ITA Software

Headcount 10000+
Employee Profiles 5
Employee Profiles
People
Ron Asayag
CEO
People
Mohammed Kholod
Assistant Vice President (Sales)

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Funding Insights of ITA Software

ITA Software has successfully raised a total of $100M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $36.65 million completed in December 2010. 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
  • Total Rounds 6
  • Last Round Grant — $36.6M
  • First Round

    (23 Jan 2006)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2010 Amount Grant - ITA Software Valuation

investors

HHS
Dec, 2009 Amount Grant - ITA Software Valuation

investors

HHS
Dec, 2008 Amount Grant - ITA Software Valuation

investors

HHS

Investors in ITA Software

ITA Software has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, HHS and Battery Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in technology companies are conducted globally by Battery Ventures.
Founded Year Domain Location
Investment and transformation services for entrepreneurs in technology and finance sectors.
Founded Year Domain Location
Sequoia Capital is engaged in venture capital investments.
Founded Year Domain Location

Investments & Acquisitions by ITA Software

Investments

Financial Statements - ITA Software

Ita Software Comparisons

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Competitors of ITA Software

ITA 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 JR Technologies, Routehappy, Paxport, GuestLogix and Datalex, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
New distribution capability solutions are provided for airline retailing.
domain founded_year HQ Location
Flights are meta-searched using happiness factors for amenities.
domain founded_year HQ Location
Business management solutions are provided for travel service providers.
domain founded_year HQ Location
Provides retail technology and merchandising, payment, and BI solution
domain founded_year HQ Location
AI and web-enabled flight ancillary distribution and pricing engine solution provider

Latest news on Ita Software

Frequently Asked Questions about ITA Software

ITA Software was founded in 1996 and raised its 1st funding round 10 years after it was founded.

ITA Software is headquartered in United States.

Ron Asayag is the current CEO of ITA Software.

ITA Software is a funded company, having raised a total of $100M across 6 funding rounds to date. The company's 1st funding round was a Grant of $47.23M, raised on Jan 23, 2006.

Founded in 1996 in the United States, ITA Software focuses on the online travel and airline industry. Software solutions are provided, including the QPX system for airfare pricing and shopping, which serves airlines and travel distributors. Algorithms are employed to integrate flight data such as pricing and availability from multiple sources, forming a real-time searchable database. Operations are centered on enhancing travel search capabilities through these technical tools.

ITA Software's top competitors include TPConnects, Paxport and Datalex.

ITA Software offers QPX, ReShop, Award Shopping, and Merchandising.

ITA Software has 7 investors. Key investors include Google, HHS, Battery Ventures, General Catalyst, and PAR Capital Management.

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