Ariba_Technologies

Ariba Technologies Introduction Ariba Technologies was founded in September 1996. The principal activity of the Group is the provision of comprehensive intranet- and Internet-based business-to-business electronic commerce solution for operating resources. From its inception, the company’s goal has been to build a world-class organization through a seasoned management team focused on the operating resource market opportunity, a customer-centric approach to product development, and premier venture capital funding. Ariba’s founding members include: Keith Krach, president and CEO, and Ed Kinsey, vice president of finance and CFO. Ariba Technologies received $6 million from Benchmark Capital and Crosspoint Ventures in their first round of funding. According to Bob Kagle of Benchmark Capital, "Ariba is guided by three strong principles: deep understanding of a well-defined customer; systematic pursuit of a large market; and a defensible product strategy. It is unusual to see these attributes so well integrated in a startup company". Ariba’s executive management team provides expertise in such areas as: growth and management of startup companies; the rapid development of leading-edge software technology; in-depth understanding of enterprise-oriented procurement solutions and expertise in developing and managing large-scale electronic initiatives. This golden startup idea of Ariba--automating the purchase of office supplies and services at large companies transformed the ariba, technologies, new, b2b, industry, market, companies, solutions, business, suppliers, sales, ecommerce, product, total, company, 2000, competitive, commerce, solution, network, internet, high, growth, 47, years, software, services, service, million, income, firms, common, buyers, 110, very, technology, strategy, platform, over, operating, one, items, development, customer, competition, procurement, global