Smarsh is a multinational "
software as a service
Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software.
SaaS is co ...
" (SaaS) company headquartered in
Portland, Oregon
Portland (, ) is a port city in the Pacific Northwest and the largest city in the U.S. state of Oregon. Situated at the confluence of the Willamette and Columbia rivers, Portland is the county seat of Multnomah County, the most populous ...
, with nine offices worldwide including locations in,
New York,
Redwood City, California
Redwood City is a city on the San Francisco Peninsula in Northern California's Bay Area, approximately south of San Francisco, and northwest of San Jose. Redwood City's history spans its earliest inhabitation by the Ohlone people to being a ...
,
Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...
,
Raleigh, North Carolina
Raleigh (; ) is the capital city of the state of North Carolina and the seat of Wake County in the United States. It is the second-most populous city in North Carolina, after Charlotte. Raleigh is the tenth-most populous city in the Sout ...
,
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
and
Bangalore, India
Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...
.
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.
History
The company was founded in
Brooklyn
Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York. Kings County is the most populous county in the State of New York, and the second-most densely populated county in the United States, be ...
,
New York in 2001. The founder, Stephen Marsh, believed that the financial industry needed a better way to archive, store, and regulate its data as regulations required.
In 2004, the company relocated its headquarters to Portland, Oregon.
In 2012,
Quest Software, which owned 60% of Smarsh, was sold to
Dell Computer.
[ In 2013, Dell sold its stake to California investment firm Toba Capital.][
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. The Anderson Cooper 360° special report, ''#Being13: Inside the Secret World of Teens'', was released in October 2015, and won an ]Emmy Award
The Emmy Awards, or Emmys, are an extensive range of awards for artistic and technical merit for the American and international television industry. A number of annual Emmy Award ceremonies are held throughout the calendar year, each with the ...
in the News and Documentary category.
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. In early 2012, the company acquired Perpetually, known for its web archiving technology. Smarsh acquired Presensoft, a cloud
In meteorology, a cloud is an aerosol consisting of a visible mass of miniature liquid droplets, frozen crystals, or other particles suspended in the atmosphere of a planetary body or similar space. Water or various other chemicals may ...
-based instant message archiving company, in 2015, and in December 2016, it acquired MobileGuard, a mobile communication monitoring and retention provider.[ In 2017, Smarsh acquired London-based company, Cognia, to improve Smarsh’s voice communication capabilities for mobile and landline devices. In 2018, K1 Investment Management acquired Actiance Inc. Shortly after the acquisition, Actiance was integrated into the Smarsh brand. In 2020, Smarsh acquired Entreda, an integrated cybersecurity risk and compliance management software and services company, which will continue to operate under its own brand as a stand-alone, wholly owned subsidiary of Smarsh.
]
Awards and recognition
Smarsh has been named to the Inc. 5000 list of fastest growing private companies in America consecutively from 2008 through 2022. The company also made the Deloitte Fast 500 list from 2009 through 2015. In 2014, Smarsh Founder, Stephen Marsh won the Financial Technologies Forum's Person of the Year award. Smarsh was named a leader in the 2015, 2016, 2017, 2018, and 2019 Gartner Magic Quadrant for Enterprise Information Archiving.
References
{{Reflist, 2
Software companies based in Oregon
Companies established in 2001
Companies based in Portland, Oregon
2011 establishments in Oregon
Software companies of the United States