ITA Software Overview

  • Year Founded
  • 1996

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 451

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $700M

ITA Software General Information

Description

Developer of information technology software designed for the airline industry. The company's software stores calculates and distributes flight schedule data and seat availability to satisfy queries, reduces the load on the host system and increases bandwidth to handle ever-increasing online traffic, thereby enabling customers to simplify airline website operations with a single interface for pricing and shopping content for metasearch engines.

Contact Information

Website
www.itasoftware.com
Formerly Known As
Internet Travel Agent
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 141 Portland Street
  • Cambridge, MA 02139
  • United States
+1 (617)
Primary Industry
Air
Other Industries
Vertical Market Software
Business/Productivity Software
Parent Company
Alphabet
Vertical(s)
Mobility Tech, TMT
Corporate Office
  • 141 Portland Street
  • Cambridge, MA 02139
  • United States
+1 (617)

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ITA Software Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 01-Jul-2010 $700M Completed Generating Revenue
2. Later Stage VC (Series A) 23-Jan-2006 Completed Generating Revenue
1. Seed Round 01-Jan-1996 $2M $2M Completed Startup
To view ITA Software’s complete valuation and funding history, request access »

ITA Software Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A
To view ITA Software’s complete cap table history, request access »

ITA Software Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of information technology software designed for the airline industry. The company's software stores calculates
Air
Cambridge, MA
451 As of 2022

Dubai, United Arab Emirates

Denver, CO
 
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ITA Software Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
TPConnects Formerly VC-backed Dubai, United Arab Emirates
Jeppesen Sanderson Corporate Backed or Acquired Denver, CO
AirGateway Venture Capital-Backed Berlin, Germany
GetThere Formerly VC-backed Southlake, TX
Datalex Corporation Dublin, Ireland
You’re viewing 5 of 5 competitors. Get the full list »

ITA Software Executive Team (7)

Name Title Board Seat
Ron Asayag Chief Executive Officer
You’re viewing 1 of 7 executive team members. Get the full list »

ITA Software Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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ITA Software Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Battery Ventures Growth/Expansion Minority
Bradley Gerstner Angel (individual) Minority
General Catalyst Venture Capital Minority
PAR Investment Partners Venture Capital Minority
Sequoia Capital Venture Capital Minority
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ITA Software FAQs

  • When was ITA Software founded?

    ITA Software was founded in 1996.

  • Who is the founder of ITA Software?

    Jeremy Wertheimer Ph.D, David Baggett, and Carl De Marcken are the founders of ITA Software.

  • Who is the CEO of ITA Software?

    Ron Asayag is the CEO of ITA Software.

  • Where is ITA Software headquartered?

    ITA Software is headquartered in Cambridge, MA.

  • What is the size of ITA Software?

    ITA Software has 451 total employees.

  • What industry is ITA Software in?

    ITA Software’s primary industry is Air.

  • Is ITA Software a private or public company?

    ITA Software is a Private company.

  • What is the current valuation of ITA Software?

    The current valuation of ITA Software is .

  • What is ITA Software’s current revenue?

    The current revenue for ITA Software is .

  • How much funding has ITA Software raised over time?

    ITA Software has raised $102M.

  • Who are ITA Software’s investors?

    Battery Ventures, Bradley Gerstner, General Catalyst, PAR Investment Partners, and Sequoia Capital are 5 of 6 investors who have invested in ITA Software.

  • Who are ITA Software’s competitors?

    TPConnects, Jeppesen Sanderson, AirGateway, GetThere, and Datalex are competitors of ITA Software.

  • When was ITA Software acquired?

    ITA Software was acquired on 01-Jul-2010.

  • Who acquired ITA Software?

    ITA Software was acquired by Alphabet.

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