Initiate Systems Company Description
Initiate Systems takes the many and turns them into the few. The company develops software that matches and manages electronic files. Its products are used to match and integrate customer data from multiple databases, combine costs from services provided at multiple locations into one bill, and to link networks in different locations for information exchange. Initiate markets to clients in the financial services, government, health care, hospitality, insurance, and retail sectors. The company's services include training, support, maintenance, integration, installation, and consulting. Entities associated with Sigma Partners own about 30% of the company. Apex Investment Fund holds a 12% stake.
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The Company Description provides a historical perspective of Initiate Systems's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Initiate Systems's evolution in the marketplace.





