Corio Overview

  • Year Founded
  • 1998

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 314

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $182M

Corio General Information

Description

Provider of enterprise applications from software vendors such as Oracle, Siebel, and SAP. The company's product Applications on Demand 2005, offers a suite of applications management, infrastructure, and professional services. The application management services include providing computers, data center facilities, and networks to support software applications. It also includes customer support; application, security, and infrastructure management; data center; and network management solutions.

Contact Information

Website
www.corio.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 959 Skyway Road
  • Suite 100
  • San Carlos, CA 94070
  • United States
+1 (650)
Primary Industry
IT Consulting and Outsourcing
Other Industries
Software Development Applications
Acquirer
International Business Machines
Vertical(s)
SaaS
Corporate Office
  • 959 Skyway Road
  • Suite 100
  • San Carlos, CA 94070
  • United States
+1 (650)

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Corio Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 16-Mar-2005 $182M Completed Generating Revenue
5. IPO 21-Jul-2000 Completed Generating Revenue
4. Later Stage VC (Series E) 10-Jan-2000 Completed Generating Revenue
3. Later Stage VC (Series C) 09-Nov-1999 Completed Generating Revenue
2. Early Stage VC (Series B) 06-May-1999 $21M $26.7M Completed Generating Revenue
1. Early Stage VC (Series A) 03-Sep-1998 $5.71M $5.71M Completed Product Development
To view Corio’s complete valuation and funding history, request access »

Corio Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series E
Series D
Series C
Series B 11,000,000 $0.001000 $0.1 $2 $2 1x $2 24.66%
Series A 14,127,000 $0.001000 $0.02 $0.47 $0.47 1x $0.47 31.67%
To view Corio’s complete cap table history, request access »

Corio Patents

  • 9

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • Pending

  • Expiring in next 12 mo

Corio Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20060130065-A1 Centralized identity management system and method for delegating resource management in a technology outsourcing environment Active 09-Dec-2004
US-7996883-B2 Centralized identity management for delegating resource management in a technology outsourcing environment Inactive 09-Dec-2004
US-20080183776-A1 Database backup, refresh and cloning system and method Active 30-Aug-2004
US-7933872-B2 Database backup, refresh and cloning system and method Inactive 30-Aug-2004
US-7389314-B2 Database backup, refresh and cloning system and method Inactive 30-Aug-2004 G06F11/1458
To view Corio’s complete patent history, request access »

Corio Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Corio Former Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
Concentric Network Corporation
Dell Ventures Corporate Venture Capital Minority
Focus Ventures Venture Capital Minority
Greylock Venture Capital Minority
Kleiner Perkins Venture Capital Minority
You’re viewing 5 of 11 investors. Get the full list »

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Corio FAQs

  • When was Corio founded?

    Corio was founded in 1998.

  • Where is Corio headquartered?

    Corio is headquartered in San Carlos, CA.

  • What is the size of Corio?

    Corio has 314 total employees.

  • What industry is Corio in?

    Corio’s primary industry is IT Consulting and Outsourcing.

  • Is Corio a private or public company?

    Corio is a Private company.

  • What is the current valuation of Corio?

    The current valuation of Corio is .

  • What is Corio’s current revenue?

    The current revenue for Corio is .

  • How much funding has Corio raised over time?

    Corio has raised $243M.

  • Who are Corio’s investors?

    Concentric Network, Dell Ventures, Focus Ventures, Greylock, and Kleiner Perkins are 5 of 11 investors who have invested in Corio.

  • When was Corio acquired?

    Corio was acquired on 16-Mar-2005.

  • Who acquired Corio?

    Corio was acquired by International Business Machines.

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