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Cloud-based Archiving Services Provider Sonian Raises $8M Investment

January 14, 2014
by Staff Writer

Cloud-based archiving services provider Sonian Inc. has raised $8M in investment funds. The company will use the money to upgrade its cloud-based DiscoverStor email archiving platform. Located in Dedham, Massachusetts, Sonian received this latest round of investment from OpenView Venture Partners, Summerhill Venture Partners, and Prism Venture Partners - organizations that have previously invested in the company.

Established in 2006, Sonian bills itself as a "a pioneer in cloud computing". The company's services allow users to "preserve, protect and present" their information as well as search and quickly access even the most unstructured data. Its architecture runs "on all of the major public clouds" and the company caters to a global base of around 14,000 customers.

The company claims its customers can archive, index and search and access specific emails in seconds. By taking advantage of "cloud economics", they can also significantly reduce IT costs, especially when compared to on-premises storage. To date, it has received $21.6 million in Series C funding and a total investment of $37.6 million to date.

“Sonian is well poised to continue its remarkable growth trajectory, thanks to our innovative approach and long-standing expertise moving corporate data to a secure cloud archive and illuminating that data with fast and accurate search,” explained Jeff Dickerson, Chief Executive at Sonian. “We have a lofty goal to take all human-generated data, from e-mails and documents to CAD drawings and beyond, and make it searchable – and therefore actionable – within a cloud architecture. The continued support from our investment and reseller partners will hasten our ability to deliver on this vision and create the world’s first true dedicated information discovery cloud.”

Do you know of any other cloud players that have received additional investment? Let us know the details. Add your comments below.

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