Cortera
Encyclopedia
Cortera, headquartered in Boca Raton, Florida
Boca Raton, Florida
Boca Raton is a city in Palm Beach County, Florida, USA, incorporated in May 1925. In the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. However, the majority of the people under the postal address of Boca Raton, about...

, USA
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, is a provider of credit information on businesses and corporations. The company provides business information with a database containing a number of private and public U.S. companies, analytics about each of those companies, and workflow software. Typical users include business analysts, sales and marketing experts and credit & collections professionals who need to research their prospects, customers, and partners. Principal customers include transportation providers, manufacturers and wholesalers, telcos, banks, and other credit and financial institutions.

History

Cortera was originally founded in 1993 as SRR Solutions by Northeastern University professor, Venkat Srinivasan, to provide credit & collections software. Over the years, the company raised tens of millions in venture capital funding, dabbled with the creation of an online B2B debt exchange and changed its name to eCredit in 1998. In December 2006 the company was acquired by an investment group that ultimately included Fidelity Ventures
Fidelity Ventures
Fidelity Ventures is the venture capital arm of Fidelity Investments. Based in Boston, Massachusetts and London, Fidelity Ventures invests in emerging technology companies in North America and Europe. Their focus is on the go-to-market stage, where companies have products and early customer...

, Battery Ventures
Battery Ventures
Battery Ventures is a venture capital firm that invests principally in technology markets including: Internet & Digital Media; Financial & Information Services; Cleantech; Software; Semiconductors & Components; Infrastructure Technologies; Communication Services; and Industrial Technologies.The...

, and CIBC. The company name was changed from eCredit to Cortera in early 2008.

Partners

The company primarily partners with other providers of business information
Business information
Business information is one of the three main segments of the information industry. The other two segments are scientific, technical and medical and educational and training content....

 to include their information in its software. Partners include:
  • Experian
    Experian
    Experian plc, formerly known as CCN Systems, is a global credit information group with operations in 36 countries. The company employs 15,500 people with corporate headquarters in Dublin, Ireland and operational headquarters in Nottingham, England and Costa Mesa, California, US...

  • Equifax
    Equifax
    Equifax Inc. is a consumer credit reporting agency in the United States, considered one of the three largest American credit agencies along with Experian and TransUnion. Founded in 1899, Equifax is the oldest of the three agencies and gathers and maintains information on over 400 million credit...

  • Moodys KMV
  • Reuters
    Reuters
    Reuters is a news agency headquartered in New York City. Until 2008 the Reuters news agency formed part of a British independent company, Reuters Group plc, which was also a provider of financial market data...

  • Graydon
    Graydon
    Graydon may refer to:* Graydon Creed, a Marvel Comics supervillainPeople with the given name Graydon:* Benjamin Graydon Allmark , Canadian politician* Graydon Carter , Canadian-born American journalist and author...

  • Australian Business Research
  • Paynet
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