The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations .(August 2023) |
Company type | Private |
---|---|
Industry | Software, software as a service |
Founded | 2001 |
Founder | Stephen Marsh |
Headquarters | 851 SW 6th Ave #800, , |
Area served | Worldwide |
Key people | |
Products | Archiving software |
Revenue | $111.4 million (2018 [1] ) |
Number of employees | 623 (2019 [1] ) |
Parent | K1 Investment Management [2] |
Website | http://www.smarsh.com |
Smarsh is a "software as a service" (SaaS) company headquartered in Portland, Oregon, with nine offices worldwide. [3] [4] The company provides comprehensive archiving and has compliance, supervision and e-discovery solutions[ buzzword ] for companies in highly regulated industries, including public sector and financial services. [5]
The company was founded in Brooklyn, New York in 2001. [6] The founder, Stephen Marsh, believed that the financial industry needed a better way to archive, store, and regulate its data as regulations required. [7] In 2004, the company relocated its headquarters to Portland, Oregon. [8]
In 2012, Quest Software, which owned 60% of Smarsh, was sold to Dell Computer. [8] In 2013, Dell sold its stake to California investment firm Toba Capital. [8]
Smarsh has acquired a number of companies since its start in 2001. In 2008, it acquired the Connecticut-based CentraScan LLC, an email management service, the California-based Financial Visions Inc., a website compliance company, and iNation, LLC, a financial CRM provider. [7] In early 2012, the company acquired Perpetually, known for its web archiving technology. [9] Smarsh acquired Presensoft, a cloud-based instant message archiving company, in 2015, [10] and in December 2016, it acquired MobileGuard, a mobile communication monitoring and retention provider. [4] In 2017, Smarsh acquired London-based company, Cognia, to improve Smarsh’s voice communication capabilities for mobile and landline devices. [11] In 2018, K1 Investment Management acquired Actiance Inc. Shortly after the acquisition, Actiance was integrated into the Smarsh brand. [12] In 2020, Smarsh acquired Entreda, an integrated cybersecurity risk and compliance management software and services company, which will continue to operate under its own brand as a stand-alone, wholly owned subsidiary of Smarsh. [13]
Smarsh has been named to the Inc. 5000 list of fastest growing private companies in America consecutively from 2008 through 2022. [1] The company also made the Deloitte Fast 500 list from 2009 through 2015. [14] [15] [16] [17] [18] [19] In 2014, Smarsh Founder, Stephen Marsh won the Financial Technologies Forum's Person of the Year award. [20] Smarsh was named a leader in the 2015, 2016, 2017, 2018, and 2019 Gartner Magic Quadrant for Enterprise Information Archiving. [21]
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