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TMCNet:  Sonian Charges into 2014 with Additional Funding and Steady Growth

[January 13, 2014]

Sonian Charges into 2014 with Additional Funding and Steady Growth

DEDHAM, Mass. --(Business Wire)--

Sonian, the pioneer in cloud-powered email archiving, has secured an additional $8 million in funding from existing investors OpenView Venture Partners, Summerhill Venture Partners and Prism Venture Partners. This brings the total raised in the Series C funding round to $21.6 million. These new funds will be used to develop Sonian's next-generation DiscoverStor™ platform, which will be formally unveiled in Q1 and extends Sonian's leading cloud reference architecture to new file types and adds advanced analytics, broadening the appeal to global enterprise customers.

Sonian's innovative approach to cloud-based information archiving helps companies of all sizes overcome the storage and operational challenges inherent in managing vast amounts of unstructured data in modern business. More than 14,000 customers in 40 countries trust Sonian to protect vital intellectual property, comply with data retention regulations, address discovery requests and cut IT costs. Today, Sonian archives more than eight billion objects, and those cloud datasets grow an average of 300 gigabytes each day.

Sonian continues to experience significant growth and success. Additional recent milestones include:

  • Release of Central Archive, a scalable, affordable solution for IBM (News - Alert) Domino messaging users.
  • Rapid expansion of its industry-leading global channel network, including the addition of Champion Solutions Group and Intermedia (News - Alert), two of the largest MSPs in North America.
  • Recognition as one of the Top 100 Cloud Solution Providers by Talkin' Cloud, the leading guide for cloud service providers (CSPs) and cloud channel partners.
  • Three consecutive placements in the Gartner (News - Alert) Magic Quadrant for Enterprise Information Archiving.


"Sonian is well poised to continue its remarkable growth trajectory, thanks to our innovative approach and long-standing expertise moving corporate data to a secure cloud archive and illuminating that data with fast and accurate search," said Jeff Dickerson, CEO of Sonian. "We have a lofty goal to take all human-generated data, from emails and documents to CAD drawings and beyond, and make it searchable - and therefore actionable - within a cloud architecture. The continued support from our investment and reseller partners will hasten our ability to deliver on this vision and create the world's first true dedicated information discovery cloud."

About Sonian

Sonian's secure, scalable cloud-powered information archiving platform enables organizations to address early stage discovery needs, achieve regulatory compliance, and reduce IT costs. Sonian's archiving services can be deployed in minutes, require no hardware or software, and are compatible with all major email platforms. Sonian provides the only archiving offering in the market built from the ground up using advanced cloud computing technologies. More than 14,000 customers benefit from Sonian's industry-leading security, performance, and usability. Boasting strong partnerships with the world's leading technology companies, Sonian combines innovative technology with deep archiving expertise to satisfy customers of all sizes and industries.

For more information, please visit http://www.sonian.com/.


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