Portal Software, Inc., was founded in 1985 as Portal Information Network, one of the first Internet service providers in the San Francisco Bay Area. It was founded by John Little. The company offered its own interface through modem access that featured Internet email. Towards the end of the 1980s, the company offered FTP.
During this time, the company developed its own account management software. In 1992, John Little decided to focus on developing Portal's internal software for other ISPs, which he saw as a fast evolving market. Their ISP business was shut down and the accounts sold to Sprint. The company was renamed Portal Software in 1993 and Dave Labuda joined the new company as co-founder. Little and Labuda developed a scalable and flexible real-time enterprise software architecture, which they applied to the management of customers and revenue for internet and telecom service providers.
Portal Software was bought by Oracle Corporation[1] in 2006 for an estimated $220 Million.[2] Portal Software is now a business unit of Oracle. Like other acquisition software, Portal Software will be integrated with the core products of Oracle such as Siebel (CRM), PeopleSoft (ERP/CRM), JD Edwards (ERP). At the time of the acquisition, Dave Labuda was the CEO, Bhaskar Gorti was a Senior Vice President of Worldwide Marketing and Sales,[3] JK Chelladurai was the Managing Director of India development center,[4] Bruce Grainger Vice President of Americas, Tim Porter Vice President of EMEA.
