Spotlight on Smarsh, a company that provides comprehensive archiving and has compliance, supervision and e-discovery solutions for companies in highly regulated industries, including public sector and financial services.
Spotlight on: Smarsh
HQ: Portland, Oregon
No. of Employees: 800
Institutional Investors:
- Ares Capital Corporation BDC
- Ares Management
Twitter: @Smarsh
URL: www.smarsh.com
Post Valuation: $358.33M
Description:
Provider of e-mail archiving systems. The company provides message compliance, records retention, legal e-discovery and mail server data management services primarily to investment advisers, broker, dealers, banks and hedge funds.
Most Recent Financing Status (as of 07-Apr-2021)
The company raised an undisclosed amount of mezzanine financing from Ares Management and an $18.1 million mezzanine package from Ares Capital on November 20, 2020. In support of this transaction, Owl Rock Technology Finance provided $31.95 million of first lien senior secured loan to the company.
To learn more about Smarsh, go to www.smarsh.com.
To nominate a startup to be featured, email Kristin Calve, Editor & Publisher, CCBJ, [email protected] and [email protected].
Source: Pitchbook, Jan 2022
Published February 15, 2022.
