Interwoven was founded in 1995 in California by
Singaporean Peng Tsin Ong, who was also Interwoven's first
CEO and chairman. Peng was the co-founder of
Match.com, and later went on to found
Encentuate. In its private startup phase the company was backed by
Foundation Capital,
Draper Fisher Jurvetson,
Accel Partners and other venture capital co-investors including
Gary Kremen. On October 8, 1999 Interwoven had their
initial public offering (IPO) on
NASDAQ with
Credit Suisse First Boston as the lead underwriter.
Sale On January 21, 2009, Interwoven announced it agreed to be acquired by
Autonomy Corporation, based in England. Autonomy estimated the consideration at $775 million The acquisition was finalized on March 17, 2009. HP bought Autonomy on August 19, 2011.
OpenText acquired TeamSite, along with other HP Software products in May 2016. == References ==