DataRPM Corporation

DataRPM Corporation specializes in AI-driven analytics and data management solutions, helping businesses transform their data into actionable insights and drive operational efficiency. DataRPM Corporation provides advanced AI-powered analytics solutions designed to enhance data utilization for organizations. Founded in 2012 in Redwood City, US, DataRPM has undergone strategic pivots to focus on AI technologies. The company was acquired by Progress Software Corporation in March 2017 for USD 30 mn, marking a significant transition in its business operations.

The company has completed a total of 5 deals in its history, reflecting its growth and development in the analytics sector. DataRPM Corporation delivers a suite of AI-driven software products tailored for business applications across various sectors, including federal government, defense, and public sectors. Its core offerings encompass the Progress Data Platform, which integrates data, AI, and analytics to support enterprise growth, as well as a digital experience management suite for marketers and developers. Additional significant products include the Corticon decision automation platform and MOVEit for secure file transfer, alongside Podio, which facilitates project management and workflow automation without coding.

DataRPM generates revenue through a mix of subscription-based models and enterprise licensing agreements. Clients engage by purchasing annual subscriptions for flagship software products, such as MOVEit, with price structures that cater to varying organizational sizes and needs. This B2B model focuses on delivering high-value software solutions that enhance operational efficiency and compliance for clients. Following its acquisition by Progress Software Corporation, DataRPM aims to leverage new funding for expanding its product offerings and entering new markets.

The recent acquisition will enhance its capabilities, and the focus will be on developing new AI-driven solutions scheduled for release in the coming year. DataRPM is also targeting expansion into international markets, including Europe and Asia, to broaden its customer base. The completion of the acquisition in March 2017, which involved a transaction of USD 30 mn, is expected to support these growth initiatives.