Brokat
Stuttgart · Founded 1994
About Brokat
Founded in 1994 in Stuttgart, Germany, by five business partners, Brokat Technologies began by providing online banking services for financial institutions. The company experienced extraordinary growth as its technology was rapidly adopted throughout Europe. Brokat then expanded into the Asia-Pacific region. By December 1999, more than 2,000 companies and 2 million end-users worldwide conducted e-business activities using Brokat products. In 2000 Brokat significantly increased its presence in the United States by acquiring three companies: Blaze Software, Inc.; GemStone Systems, Inc.; and Automated Financial Systems, Inc. With the integration of these new companies and their technologies, Brokat has grown into one of the world's most respected software companies, with a position of leadership in e- and m-business infrastructure. Brokat now offers four families of software that enable businesses to rapidly offer secure, personalized service.
Company Facts
- Founded: 1994
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 1,001 – 5,000
- Total funding: $10.4M
- Funding stage: M&A
- Last round: Series Unknown (Nov 1999)
- Website: brokat.com
Industries & Categories
Banking, Finance, Financial Services, Software
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