PALO ALTO, Calif., April 11, 2019 /PRNewswire-PRWeb/ -- Declara, a leading knowledge sharing and collaboration platform today announced that it has been acquired by Futuryng, an enterprise software solutions company. Declara will remain based in Silicon Valley as an independent subsidiary of Futuryng, and continue its existing focus on education, government, non-profit and enterprise customers domestically and in key global markets. All existing Declara customers will continue to be supported directly by Declara and CEO Zak Zielezinski will continue to lead the team and company.
Declara provides personalized access to content, communities, and people in one, intelligent knowledge and collaboration platform that helps people and organizations connect, collaborate and reach their goals faster. With customers in 5 countries, including engagements with the California Department of Education, Campaign for Grade Level Reading and others, Declara connects professionals in modern organizations to the information and people that matter most.
Futuryng provides software solutions that enable customers to unlock and de-silo enterprise software and manufacturing processes to enhance connectivity, reduce operating costs and unlock insights. The company serves well known multi-national and European businesses including Johnson & Johnson, Smiths Medical, SKF, and Janssen Cilag, among many others.
"Our acquisition by Futuryng will accelerate Declara's growth in the market segments and geographies where we have been historically strong, while also expanding our position into additional market segments as well as across Europe," said Zak Zielezinski, CEO of Declara. "Being a part of Futuryng brings a rich set of financial, marketing, sales, support and technical resources that will also help us expand the capabilities of the Declara platform and better serve our customers."
"Declara will play a key role in two of Futuryng's core strategies," said Franco Petrucci, CEO of Futuryng. "First, Declara is a valuable addition to our portfolio of applications that facilitate collaboration across the enterprise stakeholder ecosystem of employees, partners and customers. Second, leveraging the underlying AI and machine learning capabilities in the Declara platform will enhance Futuryng customers' abilities to make the unstructured data which is widespread today organized and actionable across the enterprise in real time."
About Declara
Declara is a community based, content-centric knowledge sharing and collaboration platform for organizations seeking to augment discovery, accelerate learning and amplify expertise for individuals, teams and communities. Declara utilizes AI to understand how individuals learn and work together, and intelligently connects users to relevant content, experts and communities to optimize learning and collaboration. Declara's technology is currently in use around the world by large corporations, government departments, universities and school systems to foster deeper learning and faster innovation. For more information please visit declara.com.
SOURCE Declara
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