ITA Software: Propelling Great Technology to Unrivaled Market Leadership
Sector:
Software & Services Stage:
Growth Location: Cambridge, MA View company profile
Situation
Identified uniquely talented team at a rapidly growing company working on the toughest computing challenge in travel: how to quickly, consistently, and accurately identify the best available airfares from the millions of permutations, without relying on high-cost, low-efficiency mainframe computers
Led $100M financing round to expand ITA engineering and sales teams, and broaden product portfolio to tackle other computing-intensive challenges such as reservations and merchandising
The Battery Difference
Worked closely with the founding CEO to identify areas within the business that needed more experienced management in order to reach the desired scale
Recruited additional management to support founders and drive company growth: SVP Sales, Director of H/R, VP Finance, CFO and two different VP Engineering positions
Steered team through smart, steady, growth and outstanding operating performance
Result
ITA maintained the dominant position in the market for advanced pricing and availability software for the airline industry, and was widely viewed as the most innovative solution provider for a broad array of reservation and merchandising challenges