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MarkLogic Corporation

MarkLogic provides a multi-model database platform for enterprises and government, acquired by Progress Software in 2023.

MarkLogic Corporation

MarkLogic was founded in 2001 and operates as a wholly-owned subsidiary of Progress Software following an acquisition announced in March 2023 and closed later that year. The firm had been independently led by CEO Gary Bloom prior to the deal and now operates under the Progress corporate structure, which includes a portfolio of data and AI-driven products. The company's core product, MarkLogic Server, is a multi-model database that combines document storage, search, and semantic graph capabilities in a single platform. Clients across financial services, healthcare, insurance, manufacturing, pharma, public sector, and retail use it to build data fabrics, data hubs, and enterprise knowledge graphs. One named reference is Broadridge Financial Solutions, which uses MarkLogic to process millions of transactions daily for a global trading hub. The platform supports regulated industries with government-grade security and compliance features, and the company targets industries such as financial services, healthcare, and public sector. MarkLogic is headquartered in San Carlos, California. Since joining Progress, the firm has continued to release new products, including MarkLogic Vector Search (new in 2025) and MarkLogic FastTrack. The acquisition by Progress was completed in 2023; no recent operational events beyond product releases have been publicly disclosed by the company. A structural differentiator is MarkLogic's positioning as a database platform for complex, multi-structured data in regulated environments. By combining a multi-model database with search and semantic AI in a single platform, it competes against standalone graph databases, search engines, and legacy relational systems. The product architecture is designed for use cases that require data unification, governance, and real-time search, which distinguishes it from conventional data management offerings.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Carlos

Corporate office

San Carlos, CA, United States

Sector focus

Enterprise SoftwareAI/MLData & Analytics

Frequently asked questions

Who owns MarkLogic?

MarkLogic is a wholly-owned subsidiary of Progress Software, which completed the acquisition in March 2023. Progress is a publicly traded company (NASDAQ: PRGS) headquartered in Bedford, Massachusetts.

What industries does MarkLogic serve?

The company markets to financial services, healthcare, insurance, manufacturing, pharma & biotech, public sector, and retail. It is particularly focused on regulated industries and government agencies.

Does MarkLogic compete with cloud database providers?

Yes. MarkLogic competes with providers like MongoDB, Amazon DocumentDB, and other NoSQL and graph databases. Its differentiator is integrating multi-model data with search and semantic AI in a single platform.

Has MarkLogic disclosed its annual revenue?

No. As a subsidiary of Progress Software, MarkLogic does not separately report revenue. No public AUM or deployment figures are available, and the acquisition price was not disclosed.

What is Progress Software's role in MarkLogic's operations?

Progress Software integrates MarkLogic into its data platform suite alongside other Progress products. The company provides MarkLogic's sales, support, and product development under the Progress corporate umbrella.

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