Cordysrevenue, acquisition & funding
Putten, CanadaFounded 1991
Cordys was acquired by OpenText Corporation.
Cordys is now OpenText.
Cordys revenue
Cordys' annual revenue was $22.9M in August 2020, its last figure before OpenText Corporation bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Aug 2020 | $22.9M | – |
– source not recorded
Who owns Cordys
OpenText Corporation owns Cordys. The date and price of the deal are not on record.
Cordys funding rounds & investors
Cordys has raised $80M in one round: a Private Equity round in April 2007.
| Date | Round | Raised |
|---|---|---|
| Apr 2007 | Private Equity | $80M |
| Total raised | $80M |
Cordys CEO, founders & employees
Mark Barrenechea founded Cordys in 1991 and led it as CEO. Cordys had 255 employees (December 2020).
- Mark BarrenecheaFounder & CEO
Team mix (Dec 2020): 106 engineers, 18 in sales, 4 in marketing
All 5 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2020 | 255 | – |
| Aug 2020 | 254 | – |
| Jun 2020 | 255 | – |
| Dec 2019 | 258 | – |
| Dec 2018 | 257 | – |
Cordys FAQ
What was Cordys' revenue?
Before OpenText Corporation bought it, Cordys' annual revenue was $22.9M in August 2020 (source not recorded).
Who owns Cordys?
OpenText Corporation owns Cordys.
How much funding has Cordys raised?
Cordys raised $80M in one funding round before OpenText Corporation bought it: a Private Equity round in April 2007.
How many employees does Cordys have?
Cordys had 255 employees in December 2020.
Who founded Cordys?
Mark Barrenechea founded Cordys in 1991.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Cordys? Join the podcast