Corio
AcquiredApplications on demand
San Carlos, United States · Founded 1998
- Headquarters
- San Carlos, California
- Employees
- 201–500
- Founded
- 1998
- Business Model
- B2B
- Website
- www-935.ibm.com
- Last Round
- Venture RoundJan 2002
- Rounds
- 1
About
Corio was an enterprise application service provider (ASP) founded in September 1998 and headquartered in San Carlos, California. The company hosted and managed major ERP and business applications — including SAP, Oracle, PeopleSoft, Ariba, Concur, and Siebel — on behalf of Fortune 1000 and midmarket clients, managing over 1,000 customer databases across its data centers. Traded on the NASDAQ under the ticker CRIO, Corio pioneered the 'applications on demand' model before being acquired by IBM in 2005 for approximately $182 million in cash, after which it was integrated into IBM Global Services as the 'Applications on Demand' business unit.
Summary
Corio is a SaaS company based in San Carlos, United States, founded in 1998. Its most recent funding was a Venture Round round in Jan 2002. Investors include IBM Ventures, Kleiner Perkins and Shiv Chaudhary.
Tech & App Stack
1 technologies & apps tracked
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Funding History
Jan 2005
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Investors
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