• Sonian

  Participated · Series B · Jan 2011

  Sonian provides cloud-based archiving that stores, secures and enables fast search and retrieval of business data across the world’s five largest public clouds. Its platform is used by more than 20,000 customers in 40 countries and manages over 20 billion objects, with about 17 million new documents uploaded daily. The company says customers rely on its solution to retain and protect business email and other valuable data. Sonian has grown quickly, adding more than 2,500 customers in the past year and 13 employees over the same period, and recently appointed Tim McKinnon as CEO. The business reported a record quarter in sales and profitability. Sonian plans to continue investing in new technologies and products to meet rising demand for line-of-business big data visibility. Sonian offers a secure, scalable cloud-powered information archiving platform designed to address discovery, regulatory compliance, and IT cost reduction. The company archives email and other human-generated data with rapid search capabilities and claims deployment in minutes with no hardware or software. Sonian reports more than 14,000 customers across 40 countries and archives over eight billion objects, with datasets growing an average of 300 gigabytes per day. Recent product activity includes the release of Central Archive for IBM Domino users and expansion of its global channel network through major MSP additions. Sonian has received recognition including placement in the Gartner Magic Quadrant for Enterprise Information Archiving and a Top 100 Cloud Solution Providers nod from Talkin' Cloud. The company plans to unveil its next-generation DiscoverStor platform in Q1, extending support to new file types and adding advanced analytics to broaden appeal to global enterprise customers. Sonian provides cloud-based archiving and search services for enterprises, including scalable storage management, regulatory compliance, and eDiscovery. The company serves about 9,000 businesses and says its customer base doubled in each of the past two years, reporting 'record' growth over the past four quarters. Key verticals include financial services and healthcare. Sonian runs part of its business on Amazon Web Services and has partnerships with Tech Data Corporation and ISI; it also acquired Webroot's Email archiving business in January. The company plans to use new funding to expand customer relationships, build out sales and marketing teams, and develop new features for its core archiving products. The article cites industry data projecting the email archiving market will be worth $2.2 billion by 2014, with cloud-based archiving services accounting for roughly half. Sonian provides a cloud-powered information archiving platform compatible with many email, instant messaging, and social media systems. The platform is positioned to help organizations meet eDiscovery requirements, achieve regulatory compliance, and lower IT costs. Sonian says more than 5,000 customers use its cloud-based archiving solutions. The company plans to use the new funding for continued research and development of its archiving platform and for business expansion. Sonian recently appointed Jeff Dickerson as president and CEO. To date the company has raised $14.6 million in venture capital.

No current team members are available.