Thursday, July 2, 2015

5 years after Oracle score, Rittenhouse barkeeps back in software

Adminovate, the latest Chris Gali - Chris Doggett project

5 years after Oracle score, Rittenhouse barkeeps back in software

0 comments

If work ever drags for Christopher Doggett and Christopher Gali at their year-old software company, Adminovate, whose offices -- programmers, poolroom and all -- are high up the office tower at 1818 Market St., they can head around the corner for late-afternoon daiquiris at one of the bars they own, the speakeasy-themed Franklin Mortgage & Investment Co.

Insurance software made Gali and Doggett rich. They sold their previous company to Oracle Corp. for $125 million. Then they took a break and focused on cocktails and living the good life in Philadelphia's toniest neighborhoods. Now they are back for a software encore.

Doggett, who left college in Ohio to work in computers, and Gali, who moved to Philadelphia from Chennai, India, to attend Temple University, met while working at American International Group's information technology department in Wilmington 20 years ago.

 In 1998, Doggett and Gali started their own software firm, AdminServer, building Internet applications for dozens of insurers and hiring more than 200 people before they sold the firm to business software giant Oracle in 2008.

Flush with cash, and bound by an Oracle noncompetition clause that would keep them on the software sidelines for a few years, they started Franklin Mortgage, named for an actual Prohibition-era bootlegging front. They also opened Lemon Hill in the Fairmount section.

By the time Gali and Doggett's noncompete lapsed, they were ready to develop what Doggett calls the "next generation" of insurance-processing software, built on the common C# programming language and compatible with Microsoft, smartphones, and cloud-based systems.

-- From my Page One story in today's Philadelphia Inquirer. Read it here - promotion code R55Q will help you access the story today if you're not already a logged-in Inquirer subscriber. 

0 comments
We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy:

Philly.com comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by Philly.com staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
 
comments powered by Disqus
About this blog

PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, distefano251@gmail.com, 215.854.5194 or 302.652.2004.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
Also on Philly.com:
letter icon Newsletter