Coveo , a Canadian SaaS company, provides e-commerce and enterprise search software for ecommerce, customer service, digital workplaces, and websites.
8-774: Coveo Solutions Inc. was founded in 2005 as a spin-off of Copernic Technologies Inc by Laurent Simoneau, Richard Tessier, and Marc Sanfaçon. Laurent Simoneau, Coveo's president and chief executive officer was formerly Copernic's chief operating officer. About 30 employees moved into the new company, with offices at that time in Quebec City and in Palo Alto, California . Louis Têtu, a Quebec native and former CEO of Taleo and Baan , joined Coveo in 2008 as CEO. In 2017, Coveo invested 5 million dollars Canadian into opening up an office in Montreal, with 25 new hires, and approximately 25 more planned for
16-562: A $ 100 million investment into Coveo. With this investment, Bill Shaheen of Evergreen joined the Coveo board of directors. Coveo also received another round of funding in November 2019 for $ 227 million Canadian led by OMERS Private Equity yielding a valuation of $ 1 billion US. Coveo’s LTM total revenue as of Q2 FY’22 was $ 72M. As of Q3 FY’22, Coveo’s SaaS Subscription Revenue and total revenue grew 50% and 39% year-over-year, respectively. The company had
24-521: A Net Expansion Rate of 112% as of Q3 FY’22, and 91% of total revenue came from SaaS subscriptions in Q3 FY’22. Copernic Copernic Inc. is a company based in Ottawa , Ontario , Canada , producer of Copernic Desktop Search and Copernic Server Search , desktop search software for home and business, running on Microsoft Windows . There is a free edition and paid editions with free trial. Mamma.com
32-548: The U.S. Securities and Exchange Commission announced that it had charged Mark Cuban with insider trading . It was alleged that he directed his broker to sell his entire 600,000 shares of stock in the company to avoid losses in excess of $ 750,000 based on insider information. On June 30, 2009, Copernic completed the sale of Mamma.com and its third party Ad Net to Empresario, a privately owned digital media network based in Chicago Illinois. Transaction took place as planned by
40-427: The desktop search utility Copernic Desktop Search. In the preceding fiscal year Copernic had a revenue of about $ 5.9 million and an EBITDA of about $ 1.8 million; Mamma.com paid $ 15.9 million and issued 2,380,000 common shares. On June 8, 2007, Mamma.com Inc. changed its name to Copernic Inc., received a new stock symbol CNIC, (effective June 14, 2007), and launched its new corporate website. On November 17, 2008,
48-543: The office at the time. Since then, well over a hundred new employees have joined the Montreal office, which has expanded onto additional floors of the historic Gare Windsor building. As of June 2020, the company had over 500 employees. In July 2019, Coveo announced the acquisition of Tooso, an AI-based digital commerce engines company. In October 2021, Coveo acquired Qubit, in AI-powered personalization technology for merchandising teams. In April 2018, Evergreen Coast Capital led
56-508: The two companies and will allow Copernic to reflect the details in their Q2 report. The company proceeded to this sale in order to focus the company on new product offers. On November 4, 2010, Copernic entered into an arrangement agreement with N. Harris Computer Corporation, a wholly owned subsidiary of Constellation Software Inc. Support for myCopernic on the Go! , Copernic Agent web metasearch ended on January 31, 2014. Copernic Online Backup
64-501: Was launched in July 1996 by Herman Tumurcuoglu in Montreal , Canada . It was one of the web's first tier 2 metasearch engines . Copernic Technologies Inc. was incorporated In July, 1996, under the name Agents Technology, Inc. On December 22, 2005, Mamma.com completed its acquisition of Copernic Technologies Inc., a search technology company founded in July 1996 in Quebec City and maker of
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