Smarsh

Smarsh
Private
Industry Software, software as a service
Founded 2001
Founder Stephen Marsh
Headquarters 851 SW 6th Ave #800, Portland, Oregon, United States
Area served
 Worldwide
Key people
  • Stephen Marsh, CEO
  • Dipak Pandya, CTO
  • Parker Baldwin, CFO
Products Archiving software
Revenue Increase$42.2 million (2015 [1])
Website http://www.smarsh.com

Smarsh is a multinational "software as a service" (SaaS) company headquartered in Portland, Oregon, with offices in New York, Boston, Raleigh, North Carolina and London.[2][3] The company provides comprehensive archiving and has compliance, supervision and e-discovery solutions for companies in highly regulated industries, including public sector and financial services.[4]

History

The company was founded in Brooklyn, New York in 2001.[5] The founder, Stephen Marsh, believed that the financial industry needed a better way to archive, store, and regulate its data as regulations required.[6] In 2004, the company relocated its headquarters to Portland, Oregon.[7]

In 2012, Quest Software, which owned 60% of Smarsh, was sold to Dell Computer.[7] In 2013, Dell sold its stake to California investment firm Toba Capital.[7]

In 2015, the company used its social media archiving tools to assist with a study on the use of social media by adolescents. Smarsh was contracted by CNN to host a secure server where social media use by participating students was monitored and analyzed.[8] The Anderson Cooper 360° special report, #Being13: Inside the Secret World of Teens, was released in October 2015, and won an Emmy Award in the News and Documentary category.[9]

Acquisitions

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, and the California-based Financial Visions Inc., a website compliance company.[6] In early 2012, the company acquired Perpetually, known for its web archiving technology.[10] Smarsh acquired Presensoft, a cloud-based instant message archiving company, in 2015,[11] and in December 2016, it acquired MobileGuard, a mobile communication monitoring and retention solutions provider.[3]

Awards and recognition

Smarsh has been named to the Inc. 5000 list of fastest growing private companies in America consecutively from 2008 through 2015.[1] The company also made the Deloitte Fast 500 list from 2009 through 2015.[12][13][14][15][16][17] In 2014, Marsh won the Financial Technologies Forum's Person of the year award.[18] Smarsh was named a leader in the 2015 and 2016 magic Quadrant for Enterprise Information Archiving.[19][20]

References

  1. 1 2 "Smarsh Profile". Retrieved April 8, 2017.
  2. ↑ "About Us". Smarsh. Retrieved April 8, 2017.
  3. 1 2 Spencer, Malia (December 8, 2016). "Smarsh Beefs Up Mobile Archiving Abilities". Portland Business Journal. Retrieved April 8, 2017.
  4. ↑ "Company Overview". Bloomberg Business. Retrieved April 8, 2017.
  5. ↑ Rogoway, Mike (June 13, 2013). "Smarsh, An Archivist for the Information Age". The Oregonian. Retrieved April 8, 2017.
  6. 1 2 Earnshaw, Aliza (April 20, 2008). "Smarsh expects to double revenue to $10M". Portland Business Journal. Retrieved April 8, 2017.
  7. 1 2 3 Rogoway, Mike (November 5, 2013). "Dell Sells its Majority Stake in Smarsh to Investment Fund Toba Capital". The Oregonian. Retrieved April 8, 2017.
  8. ↑ Hadad, Chuck (October 13, 2015). "Why Some 13-Year-Olds Check Social Media 100 Times a Day". CNN. Retrieved April 8, 2017.
  9. ↑ "National Academy of Television Arts and Sciences Announces Winners at the 37th Annual News & Documentary Emmy Awards". September 21, 2016. Retrieved April 8, 2017.
  10. ↑ Cook, Jordan (May 16, 2012). "Smarsh Acquires Former TC50 Finalist Perpetually, Founder Thanks NY Tech Scene". Tech Crunch. Retrieved April 8, 2017.
  11. ↑ Spencer, Malia (February 4, 2015). "Smarsh Buys Houston-Based Archiving Firm". Portland Business Journal. Retrieved April 8, 2017.
  12. ↑ "Deloitte's 2009 Technology Fast 500" (PDF). Deloitte. 2009. Retrieved April 8, 2017.
  13. ↑ "Deloitte's 2010 Technology Fast 500" (PDF). Deloitte. 2010. Retrieved April 8, 2017.
  14. ↑ "Deloitte's 2011 Technology Fast 500" (PDF). Deloitte. 2011. Retrieved April 8, 2017.
  15. ↑ "Deloitte's 2012 Technology Fast 500" (PDF). Deloitte. 2012. Retrieved April 8, 2017.
  16. ↑ "Technology Fast 500" (PDF). Deloitte. 2013. Retrieved April 8, 2017.
  17. ↑ "Deloitte's 2014 Technology Fast 500" (PDF). Deloitte. 2014. Retrieved April 8, 2017.
  18. ↑ Grygo, Eugene (May 27, 2014). "The Winners' circle for the FTF Awards". Financial Technologies Forum. Retrieved April 8, 2017.
  19. ↑ "Magic Quadrant for Enterprise Information Archiving - Gartner". Storage Newsletter. November 12, 2015. Retrieved April 8, 2017.
  20. ↑ Nanduri, Pratibha (December 9, 2016). "Gartner Reveals Its Magic Quadrant for Enterprise Information Archiving". ReadITQuik. Retrieved April 8, 2017.
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