Lavastorm Analytics
| Private | |
| Industry | Analytics and Business Intelligence, formerly Web development |
| Founded | 1993 |
| Headquarters | Boston, Massachusetts, United States; Warrington, UK; , Sweden |
|
Key people
|
Peter Shields, CEO, Martin Dawes, founder |
| Products | Visual CDR/Visual Fraud |
| Website | www |
Lavastorm is a global analytics software company based in Massachusetts. The company's products are most often used by business analysts looking to take on more responsibility for data preparation and to build advanced analytics, or by IT groups who are looking for more agile ways to provision governed data to business analysts.
The company was founded as JLM Technologies in 1993 by Justin and LeAnn Lindsey with a group of engineers from the Massachusetts Institute of Technology. Early locations in Massachusetts included Cambridge, Allston, and Waltham. The name was changed to Lavastorm in May 1999.
The company's initial focus was developing high performance Internet systems and applications, especially web sites. High-profile successes included Monster.com, the employment website; FamilySearch the free genealogy website sponsored by The Church of Jesus Christ of Latter-day Saints; EdgarWatch, the first on-Web system delivering SEC filing documents in real-time.
V. Miller Newton was the CEO of Monster.com when it hired Lavastorm to redesign its web site and infrastructure; in 1999, he moved over to head the smaller company. Lindsey stayed on as Chief Solutions Officer. In September 1999 and June 2000, Lavastorm raised US$55 million in venture capital funding from partnerships including Hummer Winblad Venture Partners, Oak Investment Partners, Lehman Brothers, Reuters Venture Capital, and Intel. In 18 months, the company expanded from 20 employees to over 200, opening a Silicon Valley office in San Jose, California, and acquiring PixelDance, a web design company in Watertown, Massachusetts.
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Wikipedia