|[January 13, 2014]
Sonian Charges into 2014 with Additional Funding and Steady Growth
DEDHAM, Mass. --(Business Wire)--
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
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
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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