MathWorks

Natick,MA

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Company Information

Natick,MA

Natick, Massachusetts, United States

http://www.mathworks.com

https://www.mathworks.com/company/jobs/opportunities/

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Computer software company

https://www.linkedin.com/company/the-mathworks_2

CompanyDescription

The company's key product, MATLAB, was created in the 1970s by Cleve Moler, who was chairman of the computer science department at the University of New Mexico at the time. It was a free tool for academics. Jack Little, who would eventually found the company, came across the tool while he was a graduate student in electrical engineering at Stanford University.[2][3] Little and Steve Bangert rewrote the code for MATLAB in C while they were colleagues at an engineering firm.[2][4] They founded MathWorks along with Moler in 1984,[4] with Little running it out of his house in Portola Valley, California.[5] Little would mail diskettes in baggies (food storage bags) to the first customers.[6] The company sold its first order, 10 copies of MATLAB, for $500 to the Massachusetts Institute of Technology (MIT) in February 1985.[7] A few years later, Little and the company moved to Massachusetts,[5][8] and Little hired Jeanne O'Keefe, an experienced computer executive, to help formalize the business.[2] By 1997, MathWorks was profitable, claiming revenue of around $50 million, and had around 380 employees.[2]

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