Smarsh
Financials
Estimates*
USD | 2017 |
---|---|
Revenues | 63.4m |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | - | ||
$15.6m | Late VC | ||
$28.0m | Late VC | ||
$215m | Buyout | ||
N/A | N/A | Growth Equity VC | |
N/A | Merger | ||
Total Funding | $43.6m |
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Recent News about Smarsh
EditSmarsh is a leading provider of archiving and compliance solutions tailored for financial services, government agencies, and other regulated industries. The company operates in the compliance and data management market, focusing on helping organizations meet complex security, data privacy, and regulatory requirements. Smarsh offers a cloud-native, context-aware, and extensible archive that allows businesses to securely store, search, and manage their communications data.
The company serves a diverse range of clients, including 9 of the top 10 banks and some of the largest government entities. Smarsh's solutions are designed to cater to both large global enterprises and small to mid-sized organizations. Their product suite includes specialized tools for archiving text messages, emails, social media, and other forms of communication, ensuring that clients can stay compliant with evolving regulations.
Smarsh's business model revolves around providing Software-as-a-Service (SaaS) solutions. They generate revenue through subscription fees for their various archiving and compliance products. By offering a scalable and secure platform, Smarsh enables organizations to efficiently manage their communication data, identify risks, and focus their resources where it matters most.
One of their featured products, Connected Capture for Microsoft Teams, exemplifies their commitment to supporting remote workforces by integrating with popular communication tools. This product helps businesses capture and archive communications within Microsoft Teams, ensuring compliance and reducing the risk of data breaches.
In summary, Smarsh helps organizations navigate the complexities of compliance and data management by providing robust, cloud-based archiving solutions. Their focus on security, scalability, and ease of use makes them a trusted partner for regulated industries.
Keywords: archiving, compliance, data management, cloud-native, financial services, government, SaaS, communication capture, regulatory requirements, risk identification.