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Innodata was founded in 1988 in New York City to provide digitized content and created quality assurance and audit procedures. [ citation needed ]
By 1992, the year the company went public, Innodata had grown to more than 1,000 employees worldwide. Throughout the decade, the company opened major facilities in the Philippines, Sri Lanka and India. [ citation needed ]
The company tripled its revenue to $60 million from $20 million between 1999 and 2001.
Innodata acquired Isogen International in 2001 and integrated both of the company's content management and publishing technologies, structured information standards and outsourcing services. In 2003, the name of Innodata Isogen Inc. was formally adopted by the company. [ citation needed ]
In 2007, the company started taking advantage of the growing popularity of e-books to become a producer of technology and processes for transforming books into e-book formats for distribution and sell-through on tablets and e-readers. Innodata has produced over 1.2 million e-books and is distributing more than 1,500 e-books per day across 25 global platforms and e-bookstores. [ citation needed ]